Tracy L. Platt - Dec 20, 2021 Form 4 Insider Report for CERNER Corp (CERN)

Signature
/s/ Shane M. Dawson, by Power of Attorney
Stock symbol
CERN
Transactions as of
Dec 20, 2021
Transactions value $
-$310,471
Form type
4
Date filed
12/22/2021, 04:02 PM
Previous filing
Aug 3, 2021
Next filing
Jan 21, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CERN Common Stock Options Exercise $0 +5.55K $0.00 5.55K Dec 20, 2021 Direct
transaction CERN Common Stock Options Exercise $0 +5.65K +101.84% $0.00 11.2K Dec 20, 2021 Direct
transaction CERN Common Stock Tax liability -$310K -3.43K -30.63% $90.49 7.77K Dec 20, 2021 Direct F1
holding CERN Common Stock 522 Dec 20, 2021 by ASPP account
holding CERN Common Stock 82 Dec 20, 2021 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 Options Exercise $0 -5.55K -50% $0.00 5.55K Dec 20, 2021 Common Stock 5.55K $0.00 Direct F2, F3
transaction CERN Restricted Stock Units Options Exercise $0 -5.65K -33.33% $0.00 11.3K Dec 20, 2021 Common Stock 5.65K $0.00 Direct F2, F3
holding CERN Restricted Stock Units 10K Dec 20, 2021 Common Stock 10K $0.00 Direct
holding CERN Restricted Stock Units 8.38K Dec 20, 2021 Common Stock 8.38K $0.00 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld to satisfy the tax withholdings for the vesting of restricted stock units.
F2 The restricted stock units convert on a one for one basis for shares of common stock, without any consideration.
F3 Reflects the accelerated vesting of restricted stock units for tax planning purposes in connection with the transactions contemplated by that certain merger agreement dated December 20, 2021.