Jerome Labat - 15 Feb 2022 Form 4 Insider Report for CERNER Corp

Role: EVP & Chief Technology Officer
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, 15:04:55 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						21,909	15 Feb 2022	Direct
holding	CERN	Common Stock						37	15 Feb 2022	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	Award	$0	+9,299	+89%	$0.000000	19,700	15 Feb 2022	Common Stock	9,299	$0.000000	Direct	F1, F2, F3
holding	CERN	Restricted Stock Units						11,482	15 Feb 2022	Common Stock	11,482	$0.000000	Direct	F1
holding	CERN	Restricted Stock Units						26,083	15 Feb 2022	Common Stock	26,083	$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 June 1, 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 June 1, 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.