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.