Labat Jerome 4

4 · CERNER Corp · Filed Feb 17, 2022

Form 4

Period: 2022-02-15

EVP & Chief Technology Officer

Transactions

Award
Restricted Stock Units
2022-02-15+9,299→ 19,700 total
Exercise: $0.00From: 2023-06-01Exp: 2023-06-01→ Common Stock (9,299 underlying)

Holdings

Common Stock
21,909
Common Stock
(indirect: By 401(k))
37
Restricted Stock Units
Exercise: $0.00From: 2021-06-01Exp: 2023-06-01→ Common Stock (11,482 underlying)
11,482
Restricted Stock Units
Exercise: $0.00From: 2022-05-07Exp: 2024-05-07→ Common Stock (26,083 underlying)
26,083

Footnotes (3)

[F1]The RSUs convert on a one for basis for shares of common stock, without any consideration.
[F2]Reporting person was granted performance-based restricted stock units on June 1, 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 June 1, 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.
[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.

Documents

1 file