Mitchell E. Daniels Jr. - 07 Jun 2022 Form 4 Insider Report for CERNER Corp

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
09 Jun 2022, 17:22:54 UTC
Prior SEC filing
24 May 2022
Next SEC filing
23 Aug 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Shane M. Dawson, by Power of Attorney

Key filing fact

Mitchell E. Daniels Jr. filed Form 4 for CERNER Corp on 09 Jun 2022.

Key facts

  • This page summarizes Mitchell E. Daniels Jr.'s Form 4 filing for CERNER Corp.
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 09 Jun 2022, 17:22.

Change

  • Previous filing in this sequence was filed on 24 May 2022.
  • Current net transaction value: -$3,558,700.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CERN transaction

Common Stock

Disposition pursuant to a tender of shares in a change of control transaction

Transaction value
$3,558,700
Shares
-37,460
Change %
-100%
Price
$95.00
Shares after
0
Date
07 Jun 2022
Ownership
by Revocable Trust
Footnotes
F1
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Mitchell E. Daniels Jr. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 1 footnote

Footnote F1

This Form 4 reports securities disposed of pursuant to the terms of the Tender Offer Statement on Schedule TO (together with any amendments and supplements hereto) filed by Cedar Acquisition Corporation ("Merger Subsidiary") in connection with the Agreement and Plan of Merger, dated December 20, 2021 (as it may be amended or supplemented from time to time, the "Merger Agreement"), between Cerner Corporation ("Cerner") and Merger Subsidiary, which is a wholly owned subsidiary of OC Acquisition LLC ("Parent"), Parent, which is a wholly owned subsidiary of Oracle Corporation ("Oracle"), and Oracle. Pursuant to the Merger Agreement, on January 19, 2022, Oracle commenced a cash tender offer (the "Offer") to acquire all of the issued and outstanding shares of Cerner common stock for a purchase price of $95.00 per share, net to the holders thereof in cash, without interest and subject to any required tax withholding. On June 7, 2022, Oracle accepted all shares tendered in the Offer.

SEC remarks

By virtue of the Merger Agreement, the reporting person has ceased being a Section 16 officer of Cerner Corporation.

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