Jerome Labat - Mar 4, 2022 Form 4 Insider Report for CERNER Corp (CERN)

Role
EVP & Chief Technology 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, 03:08 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 21.9K Mar 4, 2022 Direct
holding CERN Common Stock 37 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 +23K $0.00 23K Mar 4, 2022 Common Stock 23K $0.00 Direct F1, F2, F3
holding CERN Restricted Stock Units 11.5K Mar 4, 2022 Common Stock 11.5K $0.00 Direct F1
holding CERN Restricted Stock Units 19.7K Mar 4, 2022 Common Stock 19.7K $0.00 Direct F1
holding CERN Restricted Stock Units 26.1K Mar 4, 2022 Common Stock 26.1K $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 RSUs convert on a one for 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: 7,667 on 3/4/2023, 7,667 on 3/4/2024 and 7,669 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.