CERNER Corp·4

Mar 29, 4:06 PM ET

Trigg Donald 4

4 · CERNER Corp · Filed Mar 29, 2021

Insider Transaction Report

Form 4
Period: 2021-03-26
Trigg Donald
Exec. VP, Strategic Growth
Transactions
  • Award

    Restricted Stock Units

    2021-03-26+5,63613,150 total
    Exercise: $0.00From: 2022-04-29Exp: 2022-04-29Common Stock (5,636 underlying)
  • Award

    Restricted Stock Units

    2021-03-26+21,76121,761 total
    Exercise: $0.00From: 2023-04-28Exp: 2023-04-28Common Stock (21,761 underlying)
Holdings
  • Common Stock

    866
  • Non-Qualified Stock Option (right to buy)

    Exercise: $67.24From: 2017-05-12Exp: 2025-05-12Common Stock (18,450 underlying)
    18,450
  • Restricted Stock Units

    Exercise: $0.00From: 2021-04-29Exp: 2022-04-29Common Stock (36,068 underlying)
    36,068
  • Common Stock

    (indirect: By 401(k))
    1,021
  • Non-Qualified Stock Option (right to buy)

    Exercise: $57.24From: 2020-05-04Exp: 2028-05-04Common Stock (47,956 underlying)
    47,956
  • Restricted Stock Units

    Exercise: $0.00From: 2021-04-30Exp: 2023-04-28Common Stock (43,234 underlying)
    43,234
  • Non-Qualified Stock Option (right to buy)

    Exercise: $55.24From: 2018-05-10Exp: 2026-05-10Common Stock (11,600 underlying)
    11,600
  • Non-Qualified Stock Option (right to buy)

    Exercise: $65.27From: 2019-05-01Exp: 2027-05-01Common Stock (50,000 underlying)
    50,000
  • Restricted Stock Units

    Exercise: $0.00From: 2021-05-04Exp: 2021-05-04Common Stock (9,091 underlying)
    9,091
  • Restricted Stock Units

    Exercise: $0.00From: 2020-04-29Exp: 2022-04-29Common Stock (15,029 underlying)
    15,029
Footnotes (3)
  • [F1]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 2020 performance relative to the attainment of the established Adjusted Operating Margin performance targets, the number of shares listed in this Table II were banked upon Compensation Committee approval, 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.
  • [F2]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.
  • [F3]Reporting person was granted performance-based restricted stock units on April 30, 2020, which are earned based on the attainment of established performance criteria unrelated to the Company's stock price. As a result of our Q4 2020 performance relative to the attainment of the established Adjusted Operating Margin performance targets, the number of shares listed in this Table II were banked upon Compensation Committee approval, and will be banked until April 28, 2023, 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.

Documents

1 file
  • 4
    doc4.xmlPrimary

    FORM 4 SUBMISSION