Close

Form 4 CERNER CORP /MO/ For: Mar 12 Filed by: ILLIG CLIFFORD W

March 16, 2015 7:12 AM EDT
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
OMB APPROVAL
OMB Number: 3235-0287
Expires: December 31, 2014
Estimated average burden
hours per response: 0.5
  
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 *
ILLIG CLIFFORD W

(Last) (First) (Middle)
2800 ROCKCREEK PARKWAY

(Street)
NORTH KANSAS CITY MO 64117

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CERNER CORP /MO/ [ CERN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Vice Chairman
3. Date of Earliest Transaction (Month/Day/Year)
03/12/2015
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)
Code V Amount (A) or (D) Price
Common Stock               74,236 I by 401(k) Plan
Common Stock               6,652,392 D  
Common Stock               1,174,000 I By spouse
Common Stock               95,000 I By Trust as Co-Trustee
Common Stock               108,000 I By Trust as Co-Trustee
Common Stock               6,477,736 I by Revocable Trust
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (right to buy) $ 70.91 03/12/2015   A   25,000   03/12/2017 (1) 03/12/2025 Common Stock 25,000 $ 0 (2) 25,000 D  
Non-Qualified Stock Option (right to buy) $ 10.055             03/14/2013 03/14/2018 Common Stock 40,000   40,000 D  
Non-Qualified Stock Option (right to buy) $ 9.18             03/06/2011 03/06/2019 Common Stock 40,000   40,000 D  
Non-Qualified Stock Option (right to buy) $ 21.3             03/12/2012 03/12/2020 Common Stock 40,000   40,000 D  
Non-Qualified Stock Option (right to buy) $ 25.8             03/11/2013 03/11/2021 Common Stock 40,000   40,000 D  
Non-Qualified Stock Option (right to buy) $ 38.43             03/09/2014 03/09/2022 Common Stock 30,000   30,000 D  
Non-Qualified Stock Option (right to buy) $ 44.615             03/01/2015 03/01/2023 Common Stock 30,000   30,000 D  
Non-Qualified Stock Option (right to buy) $ 60.37             03/07/2016 03/07/2024 Common Stock 25,000   25,000 D  
Non-Quallified Stock Option (right to buy) $ 13.4525             03/09/2012 03/09/2017 Common Stock 40,000   40,000 D  
Non-Quallified Stock Option (right to buy) $ 3.7032             06/28/2003 06/28/2020 Common Stock 426,000   426,000 D  
Non-Quallified Stock Option (right to buy) $ 7.8513             06/03/2010 06/03/2015 Common Stock 40,000   40,000 D  
Non-Quallified Stock Option (right to buy) $ 10.8775             03/09/2011 03/09/2016 Common Stock 40,000   40,000 D  
Explanation of Responses:
1. Options are exercisable per the following schedule: 40% - 03/12/2017, 20% - 03/12/2018, 20% - 03/12/2019, 20% - 03/12/2020.
2. This transaction represents a grant of options to the reporting person by the issuer. Therefore, no consideration other than the value of services rendered was paid for the security.
/s/Shane Dawson, by Power of Attorney 03/16/2015
** 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.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

SEC Filings