Michael R. Battaglioli - 04 Mar 2022 Form 4 Insider Report for CERNER Corp

Role
SVP & Chief Accounting Officer
Signature
/s/ Shane M. Dawson, by Power of Attorney
Issuer symbol
N/A
Transactions as of
04 Mar 2022
Net transactions value
$0
Form type
4
Filing time
08 Mar 2022, 15:05:38 UTC
Previous filing
17 Feb 2022
Next filing
03 May 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 371 04 Mar 2022 by 401(k) Plan
holding CERN Common Stock 3,910 04 Mar 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 +1,846 $0.000000 1,846 04 Mar 2022 Common Stock 1,846 $0.000000 Direct F1, F2, F3
holding CERN Restricted Stock Units 1,729 04 Mar 2022 Common Stock 1,729 $0.000000 Direct F1
holding CERN Restricted Stock Units 1,992 04 Mar 2022 Common Stock 1,992 $0.000000 Direct F1
holding CERN Non-Qualified Stock Option (right to buy) 2,000 04 Mar 2022 Common Stock 2,000 $55.74 Direct
holding CERN Non-Qualified Stock Option (right to buy) 2,960 04 Mar 2022 Common Stock 2,960 $62.94 Direct
holding CERN Restricted Stock Units 697 04 Mar 2022 Common Stock 697 $0.000000 Direct F1
holding CERN Restricted Stock Units 1,414 04 Mar 2022 Common Stock 1,414 $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 restricted stock units convert on a one for one basis for shares of common stock, without any consideration.
F2 Each restricted stock unit represents a contingent right to receive one share of Cerner Corporation common stock. The restricted stock units are eligible for vesting, per the following schedule: 615 on 3/4/2023, 615 on 3/4/2024 and 616 on 3/4/2025, subject to continued employment through the respective vesting dates.
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.