Sec Form 4 Filing - PATTERSON NEAL L @ CERNER CORP /MO/ - 2017-06-28

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
PATTERSON NEAL L
2. Issuer Name and Ticker or Trading Symbol
CERNER CORP /MO/ [ CERN]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Former Chairman and CEO
(Last) (First) (Middle)
2800 ROCKCREEK PARKWAY
3. Date of Earliest Transaction (MM/DD/YY)
06/28/2017
(Street)
NORTH KANSAS CITY, MO64117
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 06/28/2017 G( 1 ) V 889,618 D $ 0 2,009,322 I by Spouse as sole Trustee of Irrevocable Trust for children
Common Stock 07/06/2017 G( 2 ) V 11,000,000 D $ 0 6,620,655 I by Revocable Trust
Common Stock 07/06/2017 G( 2 ) V 11,000,000 A $ 0 11,000,000 I by Family Limited Partnership
Common Stock 166,552 I by Spouse
Common Stock 116,708 I by 401(k) Plan
Common Stock 210,970 I by Charitable Remainder Trust
Common Stock 526,230 I by Trust as Co-Trustee
Common Stock 1,000,000 I by Grantor Retained Annuity Trust
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
PATTERSON NEAL L
2800 ROCKCREEK PARKWAY
NORTH KANSAS CITY, MO64117
X Former Chairman and CEO
Signatures
Shane M. Dawson, by Power of Attorney 07/28/2017
Signature of Reporting Person Date
Explanation of Responses:
( 1 )This transaction represents the transfer of shares from an irrevocable trust for the benefit of one of the reporting person's children to a revocable trust in which the reporting person has no pecuniary interest. This transaction is exempt from Section 16 pursuant to Rule 16b-5, as it is a bona fide gift.
( 2 )The reporting person transferred these shares to a family limited partnership of which the reporting person's revocable trust was the sole limited partner and the reporting person shared control over the general partner. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and these shares in this report shall not be deemed an admission of beneficial ownership of all such reported shares.

Remarks:
The reporting person passed away on July 9, 2017.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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