SEC Info - Trigg Donald - ‘4’ for 3/26/21 re: Cerner Corp.

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Trigg Donald

(Last)

(First)

(Middle)

2800 ROCK CREEK PARKWAY

(Street)

NORTH KANSAS CITY

64117

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
CERNER Corp [ CERN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
President

3. Date of Earliest Transaction (Month/Day/Year)
3/26/21

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock								1,021	I	by 401(k) Plan
Common Stock								866	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	$0.00	3/26/21		A		5,636 ⁽¹⁾		4/29/22	4/29/22	Common Stock	5,636	$0.00 ⁽²⁾	13,150	D
Restricted Stock Units	$0.00	3/26/21		A		21,761 ⁽³⁾		4/28/23	4/28/23	Common Stock	21,761	$0.00 ⁽²⁾	21,761	D
Non-Qualified Stock Option (right to buy)	$67.24							5/12/17	5/12/25	Common Stock	18,450		18,450	D
Non-Qualified Stock Option (right to buy)	$55.24							5/10/18	5/10/26	Common Stock	11,600		11,600	D
Non-Qualified Stock Option (right to buy)	$65.27							5/1/19	5/1/27	Common Stock	50,000		50,000	D
Non-Qualified Stock Option (right to buy)	$57.24							5/4/20	5/4/28	Common Stock	47,956		47,956	D
Restricted Stock Units	$0.00							5/4/21	5/4/21	Common Stock	9,091		9,091	D
Restricted Stock Units	$0.00							4/29/20	4/29/22	Common Stock	15,029		15,029	D
Restricted Stock Units	$0.00							4/29/21	4/29/22	Common Stock	36,068		36,068	D
Restricted Stock Units	$0.00							4/30/21	4/28/23	Common Stock	43,234		43,234	D

Explanation of Responses:

(1) 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.

(2) 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.

(3) 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.

Remarks:

	/s/ Shane M. Dawson, by Power of Attorney	3/29/21
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

____________ Transaction Code:
A	Grant, award or other acquisition pursuant to Rule 16b-3(d).

Trigg Donald – ‘4’ for 3/26/21 re: Cerner Corp.

On: Monday, 3/29/21, at 4:06pm ET · For: 3/26/21 · Accession #: 1209191-21-23427 · File #: 0-15386

Previous ‘4’: ‘4’ on 6/4/20 for 6/3/20 · Next: ‘4’ on 5/3/21 for 4/29/21 · Latest: ‘4’ on 8/20/21 for 8/19/21

Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34
Filing Table of Contents

This ‘4’ Document is an XML Data File that may be rendered in various formats:

Trigg Donald – ‘4’ for 3/26/21 re: Cerner Corp.

On: Monday, 3/29/21, at 4:06pm ET · For: 3/26/21 · Accession #: 1209191-21-23427 · File #: 0-15386

Previous ‘4’: ‘4’ on 6/4/20 for 6/3/20 · Next: ‘4’ on 5/3/21 for 4/29/21 · Latest: ‘4’ on 8/20/21 for 8/19/21

Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34Filing Table of Contents

This ‘4’ Document is an XML Data File that may be rendered in various formats:

Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34
Filing Table of Contents