SEC Form 4 · accession 0001209191-17-031211
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
May 8, 2017
Accepted (ET)
May 10, 2017 · 4:01 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 Stock | Apr 28, 2017 | G | 30,490 | $0.00 | D | 17,747,322 | I | by Revocable Trust |
| Common StockF1,F2 | May 8, 2017 | S | 126,667 | $64.71 | D | 17,620,655 | I | by Revocable Trust |
| Common StockF2,F3 | May 8, 2017 | S | 40,000 | $64.70 | D | 210,970 | I | by Charitable Remainder Trust |
| Common StockF2,F4 | May 8, 2017 | S | 14,000 | $64.70 | D | 526,230 | I | by Trust as Co-Trustee |
| Common StockF5,F6 | May 9, 2017 | J | 586 | $53.33 | A | 136,708 | I | by 401(k) Plan |
| Common Stock | May 9, 2017 | I | 20,000 | $64.85 | D | 116,708 | I | by 401(k) Plan |
| Common Stock | 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 | — | — | — | 1,000,000 | I | by Grantor Retained Annuity Trust |
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) | $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) | $55.74 | holding | — | — | — | Mar 3, 2019 | Mar 3, 2027 | 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 |
| Restricted Stock Units | $0.00 | holding | — | — | — | Mar 5, 2018 | Mar 5, 2018 | Common Stock | 4,150 | 4,150 | D |
Explanation of responses
- F1Price reflects a weighted-average price for the transaction. Sale of shares took place at actual prices ranging from $64.50 to $65.00.
- F2Full 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.
- F3Price reflects a weighted-average price for the transaction. Sale of shares took place at actual prices ranging from $64.55 to $64.88.
- F4Price reflects a weighted-average price for the transaction. Sale of shares took place at actual prices ranging from $64.55 to $64.92.
- F5Represents shares acquired through routine payroll deduction and participation in the issuer's 401(k) plan between 01/01/2017 and 05/09/2017, at prices ranging from $51.23 to $59.66 per share. Balance is based on plan statement as of 05/09/2017. This transaction qualifies as a non-discretionary transaction from a tax-qualified plan.
- F6Full 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.