Jeffrey A Townsend Form 4 CERNER / JEFFREY A TOWNSEND ownership change

SEC Form 4

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^*

TOWNSEND JEFFREY A

(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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Exec. VP & Chief of Staff

3. Date of Earliest Transaction (Month/Day/Year)
02/13/2017

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	02/13/2017		X		100,000	A	$13.4525	250,612(1)	D
Common Stock	02/13/2017		S		100,000	D	$52.31(2)(3)	150,612(1)	D
Common Stock								36,924	I	by 401(k) Plan

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-Quallified Stock Option (right to buy)	$13.4525	02/13/2017		X			100,000	03/09/2012	03/09/2017	Common Stock	100,000	$13.4525	0	D
Non-Qualified Stock Option (right to buy)	$9.18							03/06/2011	03/06/2019	Common Stock	110,000		110,000	D
Non-Qualified Stock Option (right to buy)	$10.055							03/14/2013	03/14/2018	Common Stock	120,000		120,000	D
Non-Qualified Stock Option (right to buy)	$38.43							03/09/2014	03/09/2022	Common Stock	80,000		80,000	D
Non-Qualified Stock Option (right to buy)	$54.01							03/11/2018	03/11/2026	Common Stock	140,000		140,000	D
Non-Qualified Stock Option (right to buy)	$70.91							03/12/2017	03/12/2025	Common Stock	73,000		73,000	D
Non-Qualified Stock Option (right to buy)	$60.37							03/07/2016	03/07/2024	Common Stock	73,000		73,000	D
Non-Qualified Stock Option (right to buy)	$44.615							03/01/2015	03/01/2023	Common Stock	80,000		80,000	D

Explanation of Responses:

1. Includes 32,400 shares of restricted common stock.

2. Price reflects a weighted-average price for the transaction. Sale of shares took place at actual prices ranging from $52.16 to $52.53.

3. Full information regarding the number of shares sold at each separate price will be provided upon request by the Commission staff, Cerner Corporation, or a Cerner shareholder.

Remarks:

	/s/Shane M. Dawson, by Power of Attorney	02/14/2017
	** 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.
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