Michael R. Battaglioli - Mar 4, 2022 Form 4 Insider Report for CERNER Corp (CERN)

Role
SVP & Chief Accounting Officer
Signature
/s/ Shane M. Dawson, by Power of Attorney
Stock symbol
CERN
Transactions as of
Mar 4, 2022
Transactions value $
$0
Form type
4
Date filed
3/8/2022, 03:05 PM
Previous filing
Feb 17, 2022
Next filing
May 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CERN Common Stock 371 Mar 4, 2022 by 401(k) Plan
holding CERN Common Stock 3.91K Mar 4, 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 +1.85K $0.00 1.85K Mar 4, 2022 Common Stock 1.85K $0.00 Direct F1, F2, F3
holding CERN Restricted Stock Units 1.73K Mar 4, 2022 Common Stock 1.73K $0.00 Direct F1
holding CERN Restricted Stock Units 1.99K Mar 4, 2022 Common Stock 1.99K $0.00 Direct F1
holding CERN Non-Qualified Stock Option (right to buy) 2K Mar 4, 2022 Common Stock 2K $55.74 Direct
holding CERN Non-Qualified Stock Option (right to buy) 2.96K Mar 4, 2022 Common Stock 2.96K $62.94 Direct
holding CERN Restricted Stock Units 697 Mar 4, 2022 Common Stock 697 $0.00 Direct F1
holding CERN Restricted Stock Units 1.41K Mar 4, 2022 Common Stock 1.41K $0.00 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.