NAUGHTON MARC G 4
4 · CERNER Corp · Filed Mar 20, 2020
Insider Transaction Report
Form 4
CERNER CorpCERN
NAUGHTON MARC G
Sr. VP & CFO
Transactions
- Award
Restricted Stock Units
2020-03-19+6,968→ 6,968 totalExercise: $0.00From: 2022-04-29Exp: 2022-04-29→ Common Stock (6,968 underlying)
Holdings
- 85,368
Common Stock
- 2,600(indirect: By Spouse)
Common Stock
- 44,000
Non-Qualified Stock Option (right to buy)
Exercise: $60.37From: 2016-03-07Exp: 2024-03-07→ Common Stock (44,000 underlying) - 73,100
Non-Qualified Stock Option (right to buy)
Exercise: $62.94From: 2020-03-02Exp: 2028-03-02→ Common Stock (73,100 underlying) - 20,906
Restricted Stock Units
Exercise: $0.00From: 2020-04-29Exp: 2022-04-29→ Common Stock (20,906 underlying) - 14,701(indirect: By 401(k))
Common Stock
- 50,000
Non-Qualified Stock Option (right to buy)
Exercise: $44.62From: 2015-03-01Exp: 2023-03-01→ Common Stock (50,000 underlying) - 44,000
Non-Qualified Stock Option (right to buy)
Exercise: $70.91From: 2017-03-12Exp: 2025-03-12→ Common Stock (44,000 underlying) - 87,500
Non-Qualified Stock Option (right to buy)
Exercise: $54.01From: 2018-03-11Exp: 2026-03-11→ Common Stock (87,500 underlying) - 87,500
Non-Qualified Stock Option (right to buy)
Exercise: $55.74From: 2019-03-03Exp: 2027-03-03→ Common Stock (87,500 underlying) - 8,750
Restricted Stock Units
Exercise: $0.00From: 2021-03-02Exp: 2021-03-02→ Common Stock (8,750 underlying)
Footnotes (3)
- [F1]Includes 470 shares, which were inadvertently omitted in previous filings due to administrative error.
- [F2]Reporting person was granted performance-based restricted stock units on April 29, 2019, which are earned based on the attainment of established performance criteria unrelated to the Company's stock price. As a result of our Q4 2019 performance relative to the attainment of the established Adjusted Operating Margin performance targets, the number of shares listed in this Table II were earned upon Compensation Committee approval on March 19, 2020, and will be banked until April 29, 2022, the vest date, subject to continued employment through such date. Each restricted stock unit represents a contingent right to receive one share of Cerner Corporation common stock.
- [F3]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.