David T. Feinberg - Mar 4, 2022 Form 4 Insider Report for CERNER Corp (CERN)

Role
President and CEO, Director
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, 03:07 PM
Previous filing
Mar 1, 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 31.3K 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 +72.2K $0.00 72.2K Mar 4, 2022 Common Stock 72.2K $0.00 Direct F1, F2, F3
holding CERN Restricted Stock Units 14.7K Mar 4, 2022 Common Stock 14.7K $0.00 Direct F1
holding CERN Restricted Stock Units 49.2K Mar 4, 2022 Common Stock 49.2K $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: 24,072 on 3/4/2023, 24,072 on 3/4/2024 and 24,072 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.