Travis Dalton - 06 Aug 2021 Form 4 Insider Report for CERNER Corp

Role
EVP & Chief Client & Serv. Off
Signature
/s/ Shane M. Dawson, by Power of Attorney
Issuer symbol
N/A
Transactions as of
06 Aug 2021
Net transactions value
-$107,520
Form type
4
Filing time
10 Aug 2021, 09:06:02 UTC
Previous filing
04 Jun 2021
Next filing
22 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CERN Common Stock Award $0 +2,981 +111% $0.000000 5,676 06 Aug 2021 Direct F1, F2
transaction CERN Common Stock Tax liability $107,520 -1,344 -24% $80.00 4,332 06 Aug 2021 Direct F3
holding CERN Common Stock 403 06 Aug 2021 by 401(k) Plan
holding CERN Common Stock 432 06 Aug 2021 by ASPP account

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding CERN Non-Qualified Stock Option (right to buy) 5,000 06 Aug 2021 Common Stock 5,000 $65.27 Direct
holding CERN Non-Qualified Stock Option (right to buy) 9,698 06 Aug 2021 Common Stock 9,698 $57.24 Direct
holding CERN Non-Qualified Stock Option (right to buy) 6,441 06 Aug 2021 Common Stock 6,441 $65.88 Direct
holding CERN Restricted Stock Units 9,608 06 Aug 2021 Common Stock 9,608 $0.000000 Direct
holding CERN Restricted Stock Units 4,509 06 Aug 2021 Common Stock 4,509 $0.000000 Direct
holding CERN Restricted Stock Units 6,672 06 Aug 2021 Common Stock 6,672 $0.000000 Direct
holding CERN Restricted Stock Units 7,255 06 Aug 2021 Common Stock 7,255 $0.000000 Direct
holding CERN Restricted Stock Units 32,930 06 Aug 2021 Common Stock 32,930 $0.000000 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reporting person was granted performance-based restricted stock units ("PSUs") on August 6, 2018, which are earned based on the attainment of certain criteria unrelated to the Company's stock price. Upon satisfaction of the performance criteria, on August 6, 2021, 2,981 PSUs vested. Each PSU represents a contingent right to receive one share of Cerner Corporation common stock.
F2 This transaction represents a grant of restricted stock units to the reporting person by the issuer. Therefore, no consideration other than the value of services rendered was paid for the security.
F3 Shares withheld to satisfy the tax withholdings for the vesting of restricted stock units.