Sec Form 4 Filing - Devers Daniel @ CERNER Corp - 2022-03-04

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
Devers Daniel
2. Issuer Name and Ticker or Trading Symbol
CERNER Corp [ CERN]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
EVP & Chief Legal Officer
(Last) (First) (Middle)
2800 ROCK CREEK PARKWAY
3. Date of Earliest Transaction (MM/DD/YY)
03/04/2022
(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 03/04/2022 X 15,000 A $ 67.24 23,910 D
Common Stock 03/04/2022 X 20,000 A $ 65.27 43,910 D
Common Stock 03/04/2022 X 9,733 A $ 57.24 53,643 D
Common Stock 03/04/2022 X 6,441 A $ 65.88 60,084 D
Common Stock 03/04/2022 S 51,174 D $ 93.29( 1 )( 2 ) 8,910 D
Common Stock 926 I by ASPP account
Common Stock 295 I by 401(k) Plan
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
Non-Qualified Stock Option (right to buy) $ 67.24 03/04/2022 X 15,000 05/12/2017 05/12/2025 Common Stock 15,000 $ 0 0 D
Non-Qualified Stock Option (right to buy) $ 65.27 03/04/2022 X 20,000 05/01/2019 05/01/2027 Common Stock 20,000 $ 0 5,000 D
Non-Qualified Stock Option (right to buy) $ 57.24 03/04/2022 X 9,733 05/04/2020 05/04/2028 Common Stock 9,733 $ 0 7,465 D
Non-Qualified Stock Option (right to buy) $ 65.88 03/04/2022 X 6,441 04/29/2020 04/29/2029 Common Stock 6,441 $ 0 6,441 D
Restricted Stock Units $ 0( 3 ) 03/04/2022 A 10,164( 4 ) 03/04/2023 03/04/2025 Common Stock 10,164 $ 0( 5 ) 10,164 D
Restricted Stock Units $ 0( 3 ) 04/28/2023 04/28/2023 Common Stock 8,243 8,243 D
Restricted Stock Units $ 0( 3 ) 04/30/2021 04/28/2023 Common Stock 2,883 2,883 D
Restricted Stock Units $ 0( 3 ) 05/07/2022 05/07/2024 Common Stock 7,608 7,608 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Devers Daniel
2800 ROCK CREEK PARKWAY
NORTH KANSAS CITY, MO64117
EVP & Chief Legal Officer
Signatures
/s/ Shane M. Dawson, by Power of Attorney 03/08/2022
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Full 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.
( 2 )Price reflects a weighted-average price for the transaction. Sale of shares took place at actual prices ranging from $93.26 to $93.33.
( 3 )The restricted stock units convert on a one for one basis for shares of common stock, without any consideration.
( 4 )Each 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: 3,388 on 3/4/2023, 3,388 on 3/4/2024 and 3,388 on 3/4/2025, subject to continued employment through the respective vesting dates.
( 5 )This 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.

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