Michael R. Battaglioli - 20 Dec 2021 Form 4 Insider Report for CERNER Corp

Role
SVP & Chief Accounting Officer
Signature
/s/ Shane M. Dawson, by Power of Attorney
Issuer symbol
N/A
Transactions as of
20 Dec 2021
Net transactions value
-$53,118
Form type
4
Filing time
22 Dec 2021, 15:59:06 UTC
Previous filing
10 Aug 2021
Next filing
21 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CERN Common Stock Options Exercise $0 +692 +29% $0.000000 3,094 20 Dec 2021 Direct
transaction CERN Common Stock Options Exercise $0 +697 +23% $0.000000 3,791 20 Dec 2021 Direct
transaction CERN Common Stock Options Exercise $0 +706 +19% $0.000000 4,497 20 Dec 2021 Direct
transaction CERN Common Stock Tax liability $53,118 -587 -13% $90.49 3,910 20 Dec 2021 Direct F1
holding CERN Common Stock 268 20 Dec 2021 by 401(k) Plan

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
transaction CERN Restricted Stock Units Options Exercise $0 -692 -100% $0.000000* 0 20 Dec 2021 Common Stock 692 $0.000000 Direct F2, F3
transaction CERN Restricted Stock Units Options Exercise $0 -697 -50% $0.000000 697 20 Dec 2021 Common Stock 697 $0.000000 Direct F2, F3
transaction CERN Restricted Stock Units Options Exercise $0 -706 -33% $0.000000 1,414 20 Dec 2021 Common Stock 706 $0.000000 Direct F2, F3
holding CERN Non-Qualified Stock Option (right to buy) 2,000 20 Dec 2021 Common Stock 2,000 $55.74 Direct
holding CERN Non-Qualified Stock Option (right to buy) 2,960 20 Dec 2021 Common Stock 2,960 $62.94 Direct
holding CERN Restricted Stock Units 1,210 20 Dec 2021 Common Stock 1,210 $0.000000 Direct
holding CERN Restricted Stock Units 1,051 20 Dec 2021 Common Stock 1,051 $0.000000 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld to satisfy the tax withholdings for the vesting of restricted stock units.
F2 The restricted stock units convert on a one for one basis for shares of common stock, without any consideration.
F3 Reflects the accelerated vesting of restricted stock units for tax planning purposes in connection with the transactions contemplated by that certain merger agreement dated December 20, 2021.