ILLIG CLIFFORD W 4
4 · CERNER CORP /MO/ · Filed Mar 6, 2018
Insider Transaction Report
Form 4
CERNER CORP /MO/CERN
ILLIG CLIFFORD W
DirectorVice Chairman
Transactions
- Other
Common Stock
2018-03-05+707→ 10,958,478 total(indirect: By Trust) - Exercise/Conversion
Common Stock
2018-03-05$10.05/sh+40,000$402,200→ 10,998,478 total(indirect: By Trust) - Tax Payment
Common Stock
2018-03-05$64.33/sh−19,447$1,251,026→ 10,979,031 total(indirect: By Trust) - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2018-03-05$10.05/sh−40,000$402,200→ 0 totalExercise: $10.05From: 2013-03-14Exp: 2018-03-14→ Common Stock (40,000 underlying) - Other
Restricted Stock Units
2018-03-05−1,000→ 0 totalExercise: $0.00From: 2018-03-05Exp: 2018-03-05→ Common Stock (1,000 underlying) - Award
Non-Qualified Stock Option (right to buy)
2018-03-02+22,000→ 22,000 totalExercise: $62.94From: 2020-03-02Exp: 2028-03-02→ Common Stock (22,000 underlying) - Award
Restricted Stock Units
2018-03-02+2,640→ 2,640 totalExercise: $0.00From: 2021-03-02Exp: 2021-03-02→ Common Stock (2,640 underlying)
Holdings
- 75,777(indirect: By 401(k))
Common Stock
- 1,229,719
Common Stock
- 782,668(indirect: By Spouse)
Common Stock
- 91,000(indirect: By Trust)
Common Stock
- 108,000(indirect: By Trust)
Common Stock
- 392,668(indirect: By Trust)
Common Stock
- 392,664(indirect: By Trust)
Common Stock
- 40,000
Non-Qualified Stock Option (right to buy)
Exercise: $9.18From: 2011-03-06Exp: 2019-03-06→ Common Stock (40,000 underlying) - 40,000
Non-Qualified Stock Option (right to buy)
Exercise: $21.30From: 2012-03-12Exp: 2020-03-12→ Common Stock (40,000 underlying) - 25,000
Non-Qualified Stock Option (right to buy)
Exercise: $60.37From: 2016-03-07Exp: 2024-03-07→ Common Stock (25,000 underlying) - 40,000
Non-Qualified Stock Option (right to buy)
Exercise: $25.80From: 2013-03-11Exp: 2021-03-11→ Common Stock (40,000 underlying) - 30,000
Non-Qualified Stock Option (right to buy)
Exercise: $38.43From: 2014-03-09Exp: 2022-03-09→ Common Stock (30,000 underlying) - 30,000
Non-Qualified Stock Option (right to buy)
Exercise: $44.62From: 2015-03-01Exp: 2023-03-01→ Common Stock (30,000 underlying) - 25,000
Non-Qualified Stock Option (right to buy)
Exercise: $70.91From: 2017-03-12Exp: 2025-03-12→ Common Stock (25,000 underlying) - 30,000
Non-Qualified Stock Option (right to buy)
Exercise: $54.01From: 2018-03-11Exp: 2026-03-11→ Common Stock (30,000 underlying) - 30,000
Non-Qualified Stock Option (right to buy)
Exercise: $55.74From: 2019-03-03Exp: 2027-03-03→ Common Stock (30,000 underlying) - 50,000
Non-Qualified Stock Option (right to buy)
Exercise: $63.44From: 2019-08-15Exp: 2027-08-15→ Common Stock (50,000 underlying)
Footnotes (6)
- [F1]Vesting of restricted stock units, net of 293 shares withheld to satisfy income tax withholdings.
- [F2]Fair market value per share of shares withheld to satisfy the exercise price and tax withholdings of net exercise of options.
- [F3]Options are exercisable per the following schedule: 40% - 03/02/2020, 20% - 03/02/2021, 20% - 03/02/2022, 20% - 03/02/2023.
- [F4]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.
- [F5]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 on 03/02/2021.
- [F6]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.