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4//SEC Filing

NAUGHTON MARC G 4

Accession 0001209191-20-020369

CIK 0000804753other

Filed

Mar 19, 8:00 PM ET

Accepted

Mar 20, 8:21 AM ET

Size

18.3 KB

Accession

0001209191-20-020369

Insider Transaction Report

Form 4
Period: 2020-03-19
NAUGHTON MARC G
Sr. VP & CFO
Transactions
  • Award

    Restricted Stock Units

    2020-03-19+6,9686,968 total
    Exercise: $0.00From: 2022-04-29Exp: 2022-04-29Common Stock (6,968 underlying)
Holdings
  • Common Stock

    85,368
  • Common Stock

    (indirect: By Spouse)
    2,600
  • Non-Qualified Stock Option (right to buy)

    Exercise: $60.37From: 2016-03-07Exp: 2024-03-07Common Stock (44,000 underlying)
    44,000
  • Non-Qualified Stock Option (right to buy)

    Exercise: $62.94From: 2020-03-02Exp: 2028-03-02Common Stock (73,100 underlying)
    73,100
  • Restricted Stock Units

    Exercise: $0.00From: 2020-04-29Exp: 2022-04-29Common Stock (20,906 underlying)
    20,906
  • Common Stock

    (indirect: By 401(k))
    14,701
  • Non-Qualified Stock Option (right to buy)

    Exercise: $44.62From: 2015-03-01Exp: 2023-03-01Common Stock (50,000 underlying)
    50,000
  • Non-Qualified Stock Option (right to buy)

    Exercise: $70.91From: 2017-03-12Exp: 2025-03-12Common Stock (44,000 underlying)
    44,000
  • Non-Qualified Stock Option (right to buy)

    Exercise: $54.01From: 2018-03-11Exp: 2026-03-11Common Stock (87,500 underlying)
    87,500
  • Non-Qualified Stock Option (right to buy)

    Exercise: $55.74From: 2019-03-03Exp: 2027-03-03Common Stock (87,500 underlying)
    87,500
  • Restricted Stock Units

    Exercise: $0.00From: 2021-03-02Exp: 2021-03-02Common Stock (8,750 underlying)
    8,750
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.

Issuer

CERNER Corp

CIK 0000804753

Entity typeother

Related Parties

1
  • filerCIK 0001060252

Filing Metadata

Form type
4
Filed
Mar 19, 8:00 PM ET
Accepted
Mar 20, 8:21 AM ET
Size
18.3 KB