CERNER (CERN) Form 4 CERNER / CLIFFORD W ILLIG 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^*

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)
02/18/2016

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	02/18/2016		M		40,000	A	$10.8775	6,517,736	I	by Revocable Trust
Common Stock								391,332	I	By Trust as Co-Trustee
Common Stock								391,336	I	By Trust as Co-Trustee
Common Stock								74,696	I	by 401(k) Plan
Common Stock								6,652,392	D
Common Stock								782,668	I	By spouse
Common Stock								95,000	I	By Trust as Co-Trustee
Common Stock								108,000	I	By Trust as Co-Trustee

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)	$10.8775	02/18/2016		M			40,000	03/09/2011	03/09/2016	Common Stock	40,000	$10.8775	0	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)	$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)	$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-Qualified Stock Option (right to buy)	$70.91							03/12/2017	03/12/2025	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

Explanation of Responses:

Remarks:

	/s/Patricia E. Davies, by Power of Attorney	02/22/2016
	** 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.