Daniel Devers - Mar 4, 2022 Form 4 Insider Report for CERNER Corp (CERN)

Role
EVP & Chief Legal Officer
Signature
/s/ Shane M. Dawson, by Power of Attorney
Stock symbol
CERN
Transactions as of
Mar 4, 2022
Transactions value $
-$1,478,572
Form type
4
Date filed
3/8/2022, 03:06 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
transaction CERN Common Stock Exercise of in-the-money or at-the-money derivative security $1.01M +15K +168.35% $67.24 23.9K Mar 4, 2022 Direct
transaction CERN Common Stock Exercise of in-the-money or at-the-money derivative security $1.31M +20K +83.65% $65.27 43.9K Mar 4, 2022 Direct
transaction CERN Common Stock Exercise of in-the-money or at-the-money derivative security $557K +9.73K +22.17% $57.24 53.6K Mar 4, 2022 Direct
transaction CERN Common Stock Exercise of in-the-money or at-the-money derivative security $424K +6.44K +12.01% $65.88 60.1K Mar 4, 2022 Direct
transaction CERN Common Stock Sale -$4.77M -51.2K -85.17% $93.29 8.91K Mar 4, 2022 Direct F1, F2
holding CERN Common Stock 926 Mar 4, 2022 by ASPP account
holding CERN Common Stock 295 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 Non-Qualified Stock Option (right to buy) Exercise of in-the-money or at-the-money derivative security $0 -15K -100% $0.00* 0 Mar 4, 2022 Common Stock 15K $67.24 Direct
transaction CERN Non-Qualified Stock Option (right to buy) Exercise of in-the-money or at-the-money derivative security $0 -20K -80% $0.00 5K Mar 4, 2022 Common Stock 20K $65.27 Direct
transaction CERN Non-Qualified Stock Option (right to buy) Exercise of in-the-money or at-the-money derivative security $0 -9.73K -56.59% $0.00 7.47K Mar 4, 2022 Common Stock 9.73K $57.24 Direct
transaction CERN Non-Qualified Stock Option (right to buy) Exercise of in-the-money or at-the-money derivative security $0 -6.44K -50% $0.00 6.44K Mar 4, 2022 Common Stock 6.44K $65.88 Direct
transaction CERN Restricted Stock Units Award $0 +10.2K $0.00 10.2K Mar 4, 2022 Common Stock 10.2K $0.00 Direct F3, F4, F5
holding CERN Restricted Stock Units 8.24K Mar 4, 2022 Common Stock 8.24K $0.00 Direct F3
holding CERN Restricted Stock Units 2.88K Mar 4, 2022 Common Stock 2.88K $0.00 Direct F3
holding CERN Restricted Stock Units 7.61K Mar 4, 2022 Common Stock 7.61K $0.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Full information regarding the number of shares sold at each separate price will be provided upon request by the Commission staff, Cerner Corporation, or a Cerner shareholder.
F2 Price reflects a weighted-average price for the transaction. Sale of shares took place at actual prices ranging from $93.26 to $93.33.
F3 The restricted stock units convert on a one for one basis for shares of common stock, without any consideration.
F4 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: 3,388 on 3/4/2023, 3,388 on 3/4/2024 and 3,388 on 3/4/2025, subject to continued employment through the respective vesting dates.
F5 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.