Filing Details

Accession Number:
0001209191-14-019373
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-03-11 17:33:55
Reporting Period:
2014-03-07
Filing Date:
2014-03-11
Accepted Time:
2014-03-11 17:33:55
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
804753 Cerner Corp CERN Services-Computer Integrated Systems Design (7373) 431196944
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
900405 L Neal Patterson 2800 Rockcreek Parkway
North Kansas City MO 64117
Chairman And Ceo Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2014-03-10 90,000 $60.63 19,549,387 No 4 S Indirect by Revocable Trust
Common Stock Disposition 2014-03-11 141,000 $60.11 19,408,387 No 4 S Indirect by Revocable Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect by Revocable Trust
No 4 S Indirect by Revocable Trust
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Non-Qualified Stock Option (right to buy) Acquisiton 2014-03-07 146,500 $0.00 146,500 $60.37
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
146,500 2016-03-07 2024-03-07 No 4 A Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 121,052 Indirect by Spouse
Common Stock 2,898,940 Indirect by Spouse as sole Trustee of Irrevocable Trust for children
Common Stock 216,506 Indirect by 401(k) Plan
Common Stock 302,000 Indirect by Charitable Remainder Trust
Common Stock 139,740 Indirect by Trust as Co-Trustee
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Non-Qualified Stock Option (right to buy) $21.30 2012-03-12 2020-03-12 240,000 240,000 Direct
Common Stock Non-Qualified Stock Option (right to buy) $25.80 2013-03-11 2021-03-11 220,000 220,000 Direct
Common Stock Non-Qualified Stock Option (right to buy) $38.43 2014-03-09 2022-03-09 160,000 160,000 Direct
Common Stock Non-Qualified Stock Option (right to buy) $44.62 2015-03-01 2023-03-01 160,000 160,000 Direct
Common Stock Non-Qualified Stock Option (right to buy) $10.06 2013-03-14 2018-03-14 288,000 288,000 Direct
Common Stock Non-Qualified Stock Option (right to buy) $9.18 2011-03-06 2019-03-06 280,000 280,000 Direct
Common Stock Non-Quallified Stock Option (right to buy) $3.70 2005-06-28 2020-06-28 2,360,000 2,360,000 Direct
Common Stock Non-Quallified Stock Option (right to buy) $7.85 2010-06-03 2015-06-03 320,000 320,000 Direct
Common Stock Non-Quallified Stock Option (right to buy) $10.28 2010-09-16 2015-09-16 336,000 336,000 Direct
Common Stock Non-Quallified Stock Option (right to buy) $10.88 2011-03-09 2016-03-09 400,000 400,000 Direct
Common Stock Non-Quallified Stock Option (right to buy) $13.45 2012-03-09 2017-03-09 320,000 320,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2020-03-12 240,000 240,000 Direct
2021-03-11 220,000 220,000 Direct
2022-03-09 160,000 160,000 Direct
2023-03-01 160,000 160,000 Direct
2018-03-14 288,000 288,000 Direct
2019-03-06 280,000 280,000 Direct
2020-06-28 2,360,000 2,360,000 Direct
2015-06-03 320,000 320,000 Direct
2015-09-16 336,000 336,000 Direct
2016-03-09 400,000 400,000 Direct
2017-03-09 320,000 320,000 Direct
Footnotes
  1. Price reflects a weighted-average price for the transaction. Sale of shares took place at actual prices ranging from $60.51 to $60.74.
  2. Full information regarding the number of shares sold at each separate price shall be provided upon request by the Commission staff, Cerner Corporation, or a Cerner shareholder.
  3. Price reflects a weighted-average price for the transaction. Sale of shares took place at actual prices ranging from $59.50 to $60.81.
  4. Options are exercisable per the following schedule: 40% - 03/07/2016, 20% - 03/07/2017, 20% - 03/07/2018, 20% - 03/07/2019.
  5. This 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.