Mark J. Erceg - Dec 20, 2021 Form 4 Insider Report for CERNER Corp (CERN)

Role
Exec. VP & CFO
Signature
/s/ Shane M. Dawson, by Power of Attorney
Stock symbol
CERN
Transactions as of
Dec 20, 2021
Transactions value $
-$616,237
Form type
4
Date filed
12/22/2021, 04:01 PM
Previous filing
May 11, 2021
Next filing
Jan 21, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CERN Common Stock Options Exercise $0 +4.41K +13.79% $0.00 36.4K Dec 20, 2021 Direct
transaction CERN Common Stock Options Exercise $0 +14.3K +39.44% $0.00 50.7K Dec 20, 2021 Direct
transaction CERN Common Stock Tax liability -$616K -6.81K -13.43% $90.49 43.9K Dec 20, 2021 Direct F1

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 -4.41K -25% $0.00 13.2K Dec 20, 2021 Common Stock 4.41K $0.00 Direct F2, F3
transaction CERN Restricted Stock Units Options Exercise $0 -14.3K -33.33% $0.00 28.7K Dec 20, 2021 Common Stock 14.3K $0.00 Direct F2, F3
* 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.