Home/Filings/4/0001209191-22-010691
4//SEC Filing

Battaglioli Michael R. 4

Accession 0001209191-22-010691

CIK 0000804753other

Filed

Feb 16, 7:00 PM ET

Accepted

Feb 17, 4:02 PM ET

Size

15.8 KB

Accession

0001209191-22-010691

Insider Transaction Report

Form 4
Period: 2022-02-15
Battaglioli Michael R.
VP & Chief Accounting Officer
Transactions
  • Award

    Restricted Stock Units

    2022-02-15+5191,729 total
    Exercise: $0.00From: 2022-04-29Exp: 2022-04-29Common Stock (519 underlying)
  • Award

    Restricted Stock Units

    2022-02-15+9411,992 total
    Exercise: $0.00From: 2023-04-28Exp: 2023-04-28Common Stock (941 underlying)
Holdings
  • Common Stock

    3,910
  • Non-Qualified Stock Option (right to buy)

    Exercise: $62.94From: 2020-03-02Exp: 2028-03-02Common Stock (2,960 underlying)
    2,960
  • Non-Qualified Stock Option (right to buy)

    Exercise: $55.74From: 2019-03-03Exp: 2027-03-03Common Stock (2,000 underlying)
    2,000
  • Restricted Stock Units

    Exercise: $0.00From: 2022-05-07Exp: 2024-05-07Common Stock (1,414 underlying)
    1,414
  • Common Stock

    (indirect: By 401(k))
    371
  • Restricted Stock Units

    Exercise: $0.00From: 2021-04-30Exp: 2023-04-28Common Stock (697 underlying)
    697
Footnotes (4)
  • [F1]The RSUs convert on a one for one basis for shares of common stock, without any consideration.
  • [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 full year 2021 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.
  • [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.
  • [F4]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 full year 2021 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.

Issuer

CERNER Corp

CIK 0000804753

Entity typeother

Related Parties

1
  • filerCIK 0001465282

Filing Metadata

Form type
4
Filed
Feb 16, 7:00 PM ET
Accepted
Feb 17, 4:02 PM ET
Size
15.8 KB