SEC Form 4 · accession 0001209191-17-010608
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 10, 2017
Accepted (ET)
Feb 14, 2017 · 5:43 pm 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 StockF2 | Jan 6, 2017 | J | 1,000,000 | $0.00 | D | 17,660,573 | I | by Revocable Trust |
| Common StockF2 | Feb 10, 2017 | M | 320,000 | $13.4525 | A | 17,980,573 | I | by Revocable Trust |
| Common StockF3,F2 | Feb 10, 2017 | F | 182,761 | $51.50 | D | 17,797,812 | I | by Revocable Trust |
| Common Stock | Jan 6, 2017 | J | 1,000,000 | $0.00 | A | 1,000,000 | I | by Grantor Retained Annuity Trust |
| Common StockF2 | holding | — | — | — | 209,552 | I | by Spouse | |
| Common Stock | holding | — | — | — | 2,898,940 | I | by Spouse as sole Trustee of Irrevocable Trust for children | |
| Common Stock | holding | — | — | — | 136,122 | I | by 401(k) Plan | |
| Common Stock | holding | — | — | — | 250,970 | I | by Charitable Remainder Trust | |
| Common Stock | holding | — | — | — | 540,230 | 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) | $13.4525 | Feb 10, 2017 | M | 320,000 | D | Mar 9, 2012 | Mar 9, 2017 | 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) | $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) | $3.7032 | holding | — | — | — | Jun 28, 2005 | Jun 28, 2020 | Common Stock | 1,138,000 | 1,138,000 | D |
Explanation of responses
- F1This transaction is neither a sale nor a purchase. It represents a transfer between trusts in which the reporting person has indirect ownership and as such is a change in form of beneficial ownership.
- F2A portion of the reporting person's beneficial ownership (112,000 shares) has been incorrectly reported as held "by Revocable Trust" and is now reported as held "by Spouse". The total beneficial ownership is not affected by the reclassification.
- F3Fair market value per share of shares withheld to satisfy the exercise price and tax withholdings of net exercise of options.