Battaglioli Michael R. 4
4 · CERNER Corp · Filed Feb 17, 2022
Insider Transaction Report
Form 4
CERNER CorpCERN
Battaglioli Michael R.
VP & Chief Accounting Officer
Transactions
- Award
Restricted Stock Units
2022-02-15+519→ 1,729 totalExercise: $0.00From: 2022-04-29Exp: 2022-04-29→ Common Stock (519 underlying) - Award
Restricted Stock Units
2022-02-15+941→ 1,992 totalExercise: $0.00From: 2023-04-28Exp: 2023-04-28→ Common Stock (941 underlying)
Holdings
- 3,910
Common Stock
- 2,960
Non-Qualified Stock Option (right to buy)
Exercise: $62.94From: 2020-03-02Exp: 2028-03-02→ Common Stock (2,960 underlying) - 2,000
Non-Qualified Stock Option (right to buy)
Exercise: $55.74From: 2019-03-03Exp: 2027-03-03→ Common Stock (2,000 underlying) - 1,414
Restricted Stock Units
Exercise: $0.00From: 2022-05-07Exp: 2024-05-07→ Common Stock (1,414 underlying) - 371(indirect: By 401(k))
Common Stock
- 697
Restricted Stock Units
Exercise: $0.00From: 2021-04-30Exp: 2023-04-28→ Common Stock (697 underlying)
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.