Travis Dalton - Mar 4, 2022 Form 4 Insider Report for CERNER Corp (CERN)

Role
EVP & Chief Client & Serv. Off
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, 03:06 PM
Previous filing
Feb 17, 2022
Next filing
Jun 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CERN Common Stock 19.2K Mar 4, 2022 Direct
holding CERN Common Stock 454 Mar 4, 2022 by ASPP account
holding CERN Common Stock 539 Mar 4, 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 +16.9K $0.00 16.9K Mar 4, 2022 Common Stock 16.9K $0.00 Direct F1, F2, F3
holding CERN Restricted Stock Units 22K Mar 4, 2022 Common Stock 22K $0.00 Direct F1
holding CERN Restricted Stock Units 13.7K Mar 4, 2022 Common Stock 13.7K $0.00 Direct F1
holding CERN Restricted Stock Units 3.34K Mar 4, 2022 Common Stock 3.34K $0.00 Direct F1
holding CERN Restricted Stock Units 4.8K Mar 4, 2022 Common Stock 4.8K $0.00 Direct F1
holding CERN Non-Qualified Stock Option (right to buy) 6.44K Mar 4, 2022 Common Stock 6.44K $65.88 Direct
holding CERN Non-Qualified Stock Option (right to buy) 9.7K Mar 4, 2022 Common Stock 9.7K $57.24 Direct
holding CERN Non-Qualified Stock Option (right to buy) 5K Mar 4, 2022 Common Stock 5K $65.27 Direct
* 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: 5,617 on 3/4/2023, 5,617 on 3/4/2024 and 5,617 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.