SEC Form 4 · accession 0001209191-16-136163
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
Aug 5, 2016
Accepted (ET)
Aug 9, 2016 · 5:33 pm EDT
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 StockF1,F2 | Aug 5, 2016 | J | 572 | $54.44 | A | 176,122 | I | by 401(k) Plan |
| Common StockF3,F4 | Aug 5, 2016 | I | 40,000 | $66.84 | D | 136,122 | I | by 401(k) Plan |
| Common StockF4,F5 | Aug 5, 2016 | S | 28,000 | $66.81 | D | 305,680 | I | by Trust as Co-Trustee |
| Common Stock | Aug 5, 2016 | M | 750,000 | $3.7032 | A | 19,883,903 | I | by Revocable Trust |
| Common StockF6 | Aug 5, 2016 | F | 349,362 | $66.87 | D | 19,534,541 | I | by Revocable Trust |
| Common StockF4,F7 | Aug 8, 2016 | S | 200,319 | $67.25 | D | 19,334,222 | I | by Revocable Trust |
| Common StockF4,F8 | Aug 9, 2016 | S | 200,319 | $67.08 | D | 19,133,903 | I | by Revocable Trust |
| Common Stock | holding | — | — | — | 97,552 | I | by Spouse | |
| Common Stock | holding | — | — | — | 2,898,940 | I | by Spouse as sole Trustee of Irrevocable Trust for children | |
| Common Stock | holding | — | — | — | 250,970 | I | by Charitable Remainder Trust |
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) | $3.7032 | Aug 5, 2016 | M | 750,000 | D | Jun 28, 2005 | Jun 28, 2020 | Common Stock | 750,000 | 1,138,000 | 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) | $70.91 | holding | — | — | — | Mar 12, 2017 | Mar 12, 2025 | Common Stock | 146,500 | 146,500 | D |
| Non-Qualified Stock Option (right to buy) | $54.01 | holding | — | — | — | Mar 11, 2018 | Mar 11, 2026 | Common Stock | 157,000 | 157,000 | 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) | $13.4525 | holding | — | — | — | Mar 9, 2012 | Mar 9, 2017 | Common Stock | 320,000 | 320,000 | D |
Explanation of responses
- F1Represents shares acquired through routine payroll deduction and participation in the issuer's 401(k) plan between 01/03/2016 and 08/05/2016, at prices ranging from $50.88 to $57.41 per share. Balance is based on plan statement as of 08/05/2016. This transaction qualifies as a non-discretionary transaction from a tax-qualified plan.
- F2Full information regarding the number of shares purchased or sold at each separate price will be provided upon request by the Commission staff, Cerner Corporation, or a Cerner shareholder.
- F3Price reflects a weighted-average price for the transaction. Sale of shares took place at actual prices ranging from $66.83 to $66.84.
- F4Full 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.
- F5Price reflects a weighted-average price for the transaction. Sale of shares took place at actual prices ranging from $65.84 to $67.44.
- F6Fair market value per share of shares withheld to satisfy the exercise price and tax withholdings of net exercise of options.
- F7Price reflects a weighted-average price for the transaction. Sale of shares took place at actual prices ranging from $66.53 to $67.47.
- F8Price reflects a weighted-average price for the transaction. Sale of shares took place at actual prices ranging from $66.87 to $67.49.