SEC Form 4 · accession 0001209191-17-018837
CERNER CORP /MO/ · CERN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Zane M Burke
Officer — President
Period of report
Mar 3, 2017
Accepted (ET)
Mar 7, 2017 · 5:09 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 StockF1,F2 | holding | — | — | — | 82,639 | D | ||
| Common Stock | holding | — | — | — | 13,135 | I | by 401(k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F4,F3 | $55.74 | Mar 3, 2017 | A | 140,000 | A | Mar 3, 2019 | Mar 3, 2027 | Common Stock | 140,000 | 140,000 | D |
| Restricted Stock UnitsF5,F6 | $0.00 | Mar 3, 2017 | A | 2,100 | A | Mar 5, 2018 | Mar 5, 2018 | Common Stock | 2,100 | 2,100 | D |
| Non-Qualified Stock Option (right to buy) | $36.96 | holding | — | — | — | Jul 31, 2014 | Jul 31, 2022 | Common Stock | 10,000 | 10,000 | D |
| Non-Qualified Stock Option (right to buy) | $44.615 | holding | — | — | — | Mar 1, 2015 | Mar 1, 2023 | Common Stock | 80,000 | 80,000 | D |
| Non-Qualified Stock Option (right to buy) | $60.37 | holding | — | — | — | Mar 7, 2016 | Mar 7, 2024 | Common Stock | 73,000 | 73,000 | D |
| Non-Qualified Stock Option (right to buy) | $70.91 | holding | — | — | — | Mar 12, 2017 | Mar 12, 2025 | Common Stock | 73,000 | 73,000 | D |
| Non-Qualified Stock Option (right to buy) | $54.01 | holding | — | — | — | Mar 11, 2018 | Mar 11, 2026 | Common Stock | 140,000 | 140,000 | D |
| Non-Qualified Stock Option (right to buy) | $38.43 | holding | — | — | — | Mar 9, 2014 | Mar 9, 2022 | Common Stock | 20,000 | 20,000 | D |
Explanation of responses
- F1Includes 32,400 shares of restricted common stock.
- F2A portion of the reporting person's beneficial ownership (4,868 shares) has been incorrectly reported as held by "ASPP account" and is now reported as held in Direct ownership. The total beneficial ownership is not affected by the reclassification.
- F3Options are exercisable per the following schedule: 40% - 03/03/2019, 20% - 03/03/2020, 20% - 03/03/2021, 20% - 03/03/2022.
- F4This transaction represents a grant of options to the reporting person by the issuer. Therefore, no consideration other than the value of services rendered was paid for the security.
- F5Each restricted stock unit represents a contingent right to receive one share of Cerner Corporation common stock. The restricted stock units are eligible for vesting on 03/05/2018.
- F6This 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.