David T. Feinberg - 29 Dec 2021 Form 4 Insider Report for CERNER Corp (CERN)

Signature
/s/ Shane M. Dawson, by Power of Attorney
Issuer symbol
CERN
Transactions as of
29 Dec 2021
Net transactions value
-$2,349,972
Form type
4
Filing time
30 Dec 2021, 15:02:34 UTC
Previous filing
02 Nov 2021
Next filing
04 Jan 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CERN Common Stock Options Exercise $0 +7,374 $0.000000 7,374 29 Dec 2021 Direct
transaction CERN Common Stock Options Exercise $0 +49,162 +667% $0.000000 56,536 29 Dec 2021 Direct
transaction CERN Common Stock Tax liability $2,349,972 -25,217 -45% $93.19 31,319 29 Dec 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 -7,374 -33% $0.000000 14,749 29 Dec 2021 Common Stock 7,374 $0.000000 Direct F2, F3
transaction CERN Restricted Stock Units Options Exercise $0 -49,162 -50% $0.000000 49,160 29 Dec 2021 Common Stock 49,162 $0.000000 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.