CERNER (CERN) Form 4 CERNER / JOHN PETERZALEK 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^*

PETERZALEK JOHN

(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 [ CERN ]

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

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
EVP & Chief Client & Serv. Off

3. Date of Earliest Transaction (Month/Day/Year)
11/13/2020

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	11/13/2020		X		15,000	A	$65.27	31,107	I	by Revocable Trust
Common Stock	11/13/2020		S		15,000	D	$75.19(1)(2)	16,107	I	by Revocable Trust
Common Stock	11/16/2020		X		1,100	A	$67.24	17,207	I	by Revocable Trust
Common Stock	11/16/2020		S		1,100	D	$76.04(1)(3)	16,107	I	by Revocable Trust
Common Stock								8,731	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-Qualified Stock Option (right to buy)	$67.24	11/16/2020		X			1,100	05/12/2017	05/12/2025	Common Stock	1,100	$0.00	29,952	D
Non-Qualified Stock Option (right to buy)	$65.27	11/13/2020		X			15,000	05/01/2019	05/01/2027	Common Stock	15,000	$0.00	32,800	D
Non-Qualified Stock Option (right to buy)	$55.24							05/10/2018	05/10/2026	Common Stock	16,400		16,400	D
Non-Qualified Stock Option (right to buy)	$57.24							05/04/2020	05/04/2028	Common Stock	36,749		36,749	D
Restricted Stock Units	$0.00							05/04/2021	05/04/2021	Common Stock	7,145		7,145	D
Restricted Stock Units	$0.00							09/07/2020	09/07/2021	Common Stock	15,570		15,570	D
Restricted Stock Units	$0.00							04/29/2020	04/29/2022	Common Stock	15,029		15,029	D
Restricted Stock Units	$0.00							04/29/2022	04/29/2022	Common Stock	7,514		7,514	D
Restricted Stock Units	$0.00							04/30/2021	04/28/2023	Common Stock	28,823		28,823	D

Explanation of Responses:

1. 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.

2. Price reflects a weighted-average price for the transaction. Sale of shares took place at actual prices ranging from $75.00 to $75.43.

3. Price reflects a weighted-average price for the transaction. Sale of shares took place at actual prices ranging from $76.00 to $76.09.

Remarks:

	/s/ Shane M. Dawson, by Power of Attorney	11/17/2020
	** 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).
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