Key facts
- This page summarizes Elder Granger's Form 4 filing for CERNER Corp.
- 2 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 09 Jun 2022, 17:25.
Elder Granger - 07 Jun 2022 Form 4 Insider Report for CERNER Corp
- Reporting relationship
- Director
- Issuer ticker
- N/A
- Reported as of
- 07 Jun 2022
- Net transaction value
- -$776,245
- SEC form
- 4
- Accepted by SEC
- 09 Jun 2022, 17:25:02 UTC
- Prior SEC filing
- 29 Apr 2022
- Next SEC filing
- 10 Jun 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Shane M. Dawson, by Power of Attorney
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Elder Granger filed Form 4 for CERNER Corp on 09 Jun 2022.
Change
- Previous filing in this sequence was filed on 29 Apr 2022.
- Current net transaction value: -$776,245.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
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
- $262,960
- Shares
- -2,768
- Change %
- -34%
- Price
- $95.00
- Shares after
- 5,403
- Date
- 07 Jun 2022
- Ownership
- Direct
- Footnotes
- F1
CERN
transaction
Common Stock
Disposed to Issuer
- Transaction value
- $513,285
- Shares
- -5,403
- Change %
- -100%
- Price
- $95.00
- Shares after
- 0
- Date
- 08 Jun 2022
- Ownership
- Direct
- Footnotes
- F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Elder Granger is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 2 footnotes
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.
Footnote F2
This Form 4 reports securities disposed of pursuant to the Merger Agreement, pursuant to which Merger Subsidiary merged into Cerner, effective on June 8, 2022 (the "Effective Time"), with Cerner becoming a wholly owned indirect subsidiary of Oracle. At the Effective Time, each issued and outstanding share of Cerner common stock was cancelled and converted into the right to receive $95.00 per share in cash, without interest thereon and subject to any required tax withholding.
SEC remarks
By virtue of the Merger Agreement, the reporting person has ceased being a Section 16 officer of Cerner Corporation.