Daniel Devers - 15 Feb 2022 Form 4 Insider Report for CERNER Corp

Role: EVP & Chief Legal Officer
Issuer symbol: N/A
Report date: 15 Feb 2022
Net transaction value: $0
Form type: 4
Accepted by SEC: 17 Feb 2022, 15:04:22 UTC
Previous filing: 21 Jan 2022
Next filing: 08 Mar 2022
SEC filing: View on sec.gov
Reporting owner signature: /s/ Shane M. Dawson, by Power of Attorney

Key filing fact

Daniel Devers filed Form 4 for CERNER Corp on 17 Feb 2022.

Key facts

This page summarizes Daniel Devers's Form 4 filing for CERNER Corp.
1 reported transaction and 7 derivative rows are listed below.
Accepted by SEC: 17 Feb 2022, 15:04.

Change

Previous filing in this sequence was filed on 21 Jan 2022.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CERN holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 295
Date: 15 Feb 2022
Ownership: by 401(k) Plan

CERN holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 926
Date: 15 Feb 2022
Ownership: by ASPP account

CERN holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 8,910
Date: 15 Feb 2022
Ownership: Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CERN transaction Derivative

Restricted Stock Units

Award

Transaction value: $0
Shares: +3,891
Change %: +89%
Price: $0.000000
Shares after: 8,243
Date: 15 Feb 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,891
Exercise price: $0.000000
Footnotes: F1, F2, F3

CERN holding Derivative

Non-Qualified Stock Option (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 15,000
Date: 15 Feb 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 15,000
Exercise price: $67.24

CERN holding Derivative

Non-Qualified Stock Option (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 25,000
Date: 15 Feb 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 25,000
Exercise price: $65.27

CERN holding Derivative

Non-Qualified Stock Option (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 17,198
Date: 15 Feb 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 17,198
Exercise price: $57.24

CERN holding Derivative

Non-Qualified Stock Option (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 12,882
Date: 15 Feb 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 12,882
Exercise price: $65.88

CERN holding Derivative

Restricted Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 2,883
Date: 15 Feb 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,883
Exercise price: $0.000000
Footnotes: F1

CERN holding Derivative

Restricted Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 7,608
Date: 15 Feb 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 7,608
Exercise price: $0.000000
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

The RSUs convert on a one for basis for shares of common stock, without any consideration.

Footnote 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.

Footnote 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.