SEC Form 4 · accession 0001209191-18-009194
CERNER CORP /MO/ · CERN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Brent Shafer
Officer — Chairman and CEO · Director
Period of report
Feb 8, 2018
Accepted (ET)
Feb 12, 2018 · 4:23 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000804753
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F1 | $0.00 | Feb 8, 2018 | A | 60,438 | A | Mar 1, 2018 | Mar 1, 2021 | Common Stock | 60,438 | 60,438 | D |
| Non-Qualified Stock Option (right to buy)F4,F3 | $61.22 | Feb 8, 2018 | A | 182,006 | A | Feb 8, 2020 | Feb 8, 2028 | Common Stock | 182,006 | 182,006 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Cerner Corporation common stock. The restricted stock units are eligible for vesting per the following schedule: 1/3 - 3/1/2018, 1/3 - 3/1/2020, 1/3 - 3/1/2021.
- F2This 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.
- F3Options are exercisable per the following schedule: 40% - 2/8/2020, 20% 2/8/2021, 20% - 2/8/2022, 20% - 2/8/2023.
- 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.