SEC Form 4 · accession 0001209191-15-014095
CERNER CORP /MO/ · CERN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Neal L Patterson
Officer — Chairman and CEO · Director
Period of report
Feb 13, 2015
Accepted (ET)
Feb 17, 2015 · 8:46 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000804753
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 13, 2015 | M | 320,000 | $7.8513 | A | 19,429,793 | I | by Revocable Trust |
| Common Stock | Feb 13, 2015 | M | 336,000 | $10.2813 | A | 19,765,793 | I | by Revocable Trust |
| Common StockF1,F2 | Feb 13, 2015 | F | 330,508 | $70.98 | D | 19,435,285 | I | by Revocable Trust |
| Common Stock | holding | — | — | — | 120,552 | I | by Spouse | |
| Common Stock | holding | — | — | — | 2,898,940 | I | by Spouse as sole Trustee of Irrevocable Trust for children | |
| Common Stock | holding | — | — | — | 195,088 | I | by 401(k) Plan | |
| Common Stock | holding | — | — | — | 262,000 | I | by Charitable Remainder Trust | |
| Common Stock | holding | — | — | — | 156,990 | I | by Trust as Co-Trustee |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Quallified Stock Option (right to buy) | $10.2813 | Feb 13, 2015 | M | 336,000 | D | Sep 16, 2010 | Sep 16, 2015 | Common Stock | 336,000 | 0 | D |
| Non-Quallified Stock Option (right to buy) | $7.8513 | Feb 13, 2015 | M | 320,000 | D | Jun 3, 2010 | Jun 3, 2015 | Common Stock | 320,000 | 0 | D |
| Non-Qualified Stock Option (right to buy) | $21.30 | holding | — | — | — | Mar 12, 2012 | Mar 12, 2020 | Common Stock | 240,000 | 240,000 | D |
| Non-Qualified Stock Option (right to buy) | $25.80 | holding | — | — | — | Mar 11, 2013 | Mar 11, 2021 | Common Stock | 220,000 | 220,000 | D |
| Non-Qualified Stock Option (right to buy) | $38.43 | holding | — | — | — | Mar 9, 2014 | Mar 9, 2022 | Common Stock | 160,000 | 160,000 | D |
| Non-Qualified Stock Option (right to buy) | $44.615 | holding | — | — | — | Mar 1, 2015 | Mar 1, 2023 | Common Stock | 160,000 | 160,000 | D |
| Non-Qualified Stock Option (right to buy) | $60.37 | holding | — | — | — | Mar 7, 2016 | Mar 7, 2024 | Common Stock | 146,500 | 146,500 | D |
| Non-Qualified Stock Option (right to buy) | $10.055 | holding | — | — | — | Mar 14, 2013 | Mar 14, 2018 | Common Stock | 288,000 | 288,000 | D |
| Non-Qualified Stock Option (right to buy) | $9.18 | holding | — | — | — | Mar 6, 2011 | Mar 6, 2019 | Common Stock | 280,000 | 280,000 | D |
| Non-Quallified Stock Option (right to buy) | $3.7032 | holding | — | — | — | Jun 28, 2005 | Jun 28, 2020 | Common Stock | 2,360,000 | 2,360,000 | D |
| Non-Quallified Stock Option (right to buy) | $13.4525 | holding | — | — | — | Mar 9, 2012 | Mar 9, 2017 | Common Stock | 320,000 | 320,000 | D |
| Non-Quallified Stock Option (right to buy) | $10.8775 | holding | — | — | — | Mar 9, 2011 | Mar 9, 2016 | Common Stock | 400,000 | 400,000 | D |
Explanation of responses
- F1Shares of common stock withheld to satisfy the exercise price and tax withholdings for net exercise of options.
- F2Fair market value per share of shares withheld to satisfy the exercise price and tax withholdings of net exercise of options.