4//SEC Filing
ZOLLARS WILLIAM D 4
Accession 0001209191-22-035504
CIK 0000804753other
Filed
Jun 8, 8:00 PM ET
Accepted
Jun 9, 5:27 PM ET
Size
8.3 KB
Accession
0001209191-22-035504
Insider Transaction Report
Form 4
CERNER CorpCERN
ZOLLARS WILLIAM D
Director
Transactions
- Disposition from Tender
Common Stock
2022-06-07$95.00/sh−26,588$2,525,860→ 0 total(indirect: By Trust) - Disposition to Issuer
Common Stock
2022-06-08$95.00/sh−3,680$349,600→ 0 total
Footnotes (2)
- [F1]This Form 4 reports securities disposed of pursuant to the terms of the Tender Offer Statement on Schedule TO (together with any amendments and supplements hereto) filed by Cedar Acquisition Corporation ("Merger Subsidiary") in connection with the Agreement and Plan of Merger, dated December 20, 2021 (as it may be amended or supplemented from time to time, the "Merger Agreement"), between Cerner Corporation ("Cerner") and Merger Subsidiary, which is a wholly owned subsidiary of OC Acquisition LLC ("Parent"), Parent, which is a wholly owned subsidiary of Oracle Corporation ("Oracle"), and Oracle. Pursuant to the Merger Agreement, on January 19, 2022, Oracle commenced a cash tender offer (the "Offer") to acquire all of the issued and outstanding shares of Cerner common stock for a purchase price of $95.00 per share, net to the holders thereof in cash, without interest and subject to any required tax withholding. On June 7, 2022, Oracle accepted all shares tendered in the Offer.
- [F2]This Form 4 reports securities disposed of pursuant to the Merger Agreement, pursuant to which Merger Subsidiary merged into Cerner, effective on June 8, 2022 (the "Effective Time"), with Cerner becoming a wholly owned indirect subsidiary of Oracle. At the Effective Time, each issued and outstanding share of Cerner common stock was cancelled and converted into the right to receive $95.00 per share in cash, without interest thereon and subject to any required tax withholding.
Documents
Issuer
CERNER Corp
CIK 0000804753
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001085324
Filing Metadata
- Form type
- 4
- Filed
- Jun 8, 8:00 PM ET
- Accepted
- Jun 9, 5:27 PM ET
- Size
- 8.3 KB