Accession Number: | 0001071739-20-000028 |
Date: | 2020-01-23 |
Issuer: | CENTENE CORP (CNC) |
Original Submission Date: |
BURDICK KENNETH A
7700 FORSYTH BOULEVARD
ST. LOUIS, MO 63105
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
COMMON STOCK | 2020-01-23 | A | 920,408 | a | $0.00 | 920,408 | direct | ||
COMMON STOCK | 2020-01-23 | A | 65,907 | a | $66.76 | 986,315 | direct |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
---|
ID | footnote |
---|---|
f1 | in connection with centene's acquisition of wellcare health plans, inc. (wellcare) on january 23, 2020 pursuant to the agreement and plan of merger, dated march 26, 2019, by and among centene, wellington merger sub i, inc., wellington merger sub ii, inc. and wellcare, 202,810 wellcare common shares held by the reporting person were converted into centene common shares based on the applicable per share stock exchange ratio, and 44,834 vested but undistributed restricted stock units held by the reporting person were converted into 234,911 centene restricted stock units representing the contingent right to acquire an equal number of centene common shares. |
f2 | ownership includes this award of 65,907 restricted stock units, which will vest on the second anniversary of the grant date on january 23, 2022. |