Travis Dalton - 15 Feb 2022 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: 15 Feb 2022
Net transactions value: $0
Form type: 4
Filing time: 17 Feb 2022, 15:03:27 UTC
Previous filing: 21 Jan 2022
Next filing: 08 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	CERN	Common Stock						539	15 Feb 2022	by 401(k) Plan
holding	CERN	Common Stock						454	15 Feb 2022	by ASPP account
holding	CERN	Common Stock						19,188	15 Feb 2022	Direct

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	Award	$0	+6,486	+89%	$0.000000	13,741	15 Feb 2022	Common Stock	6,486	$0.000000	Direct	F1, F2, F3
holding	CERN	Non-Qualified Stock Option (right to buy)						5,000	15 Feb 2022	Common Stock	5,000	$65.27	Direct
holding	CERN	Non-Qualified Stock Option (right to buy)						9,698	15 Feb 2022	Common Stock	9,698	$57.24	Direct
holding	CERN	Non-Qualified Stock Option (right to buy)						6,441	15 Feb 2022	Common Stock	6,441	$65.88	Direct
holding	CERN	Restricted Stock Units						4,804	15 Feb 2022	Common Stock	4,804	$0.000000	Direct	F1
holding	CERN	Restricted Stock Units						3,336	15 Feb 2022	Common Stock	3,336	$0.000000	Direct	F1
holding	CERN	Restricted Stock Units						21,954	15 Feb 2022	Common Stock	21,954	$0.000000	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The RSUs convert on a one for basis for shares of common stock, without any consideration.
F2	Reporting person was granted performance-based restricted stock units on April 30, 2020, which are earned based on the attainment of established performance criteria unrelated to the Company's stock price. As a result of our full year 2021 performance relative to the attainment of the established Adjusted Operating Margin performance targets, the number of shares listed in this Table II were banked upon Compensation Committee approval, and will be banked until April 28, 2023, the vest date, subject to continued employment through such date. Each restricted stock unit represents a contingent right to receive one share of Cerner Corporation common stock.
F3	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.