FORM 5
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
[ ] Form 3 Holdings Reported
[ ] Form 4 Transactions Reported
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

                                                                                  

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

PATTERSON NEAL L

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)
Chairman, CEO & President

(Last)          (First)          (Middle)

2800 ROCKCREEK PARKWAY

3. Statement for Issuer's Fiscal Year Ended (MM/DD/YYYY)
1/1/2011 
(Street)

NORTH KANSAS CITY, MO 64117

(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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)
Amount (A) or (D) Price
Common Stock   12/31/2010     I   346.05   (1) A $90.06   (1) 53344.05   (1) I   by 401(k) Plan  
Common Stock   12/31/2010     G   21147   D $0.00   159122   I   by Grantor Retained Annuity Trust  
Common Stock   12/17/2010     I   10000   (2) D $97.06   1026530   I   by Revocable Trust  
Common Stock   12/31/2010     G   21147   A $0.00   1047677   I   by Revocable Trust  
Common Stock   12/17/2010     I   10000   (2) A $97.06   38100   I   by Trust as Co-Trustee  
Common Stock                 39888.06   (3) I   by Spouse  
Common Stock                 4200270   D    
Common Stock                 809673   I   by Spouse as sole Trustee of Irrevocable Trust for children  

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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
(MM/DD/YYYY)
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 at End of Issuer's Fiscal Year
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
(A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (right to buy)   $40.22                 3/14/2013   3/14/2018   Common Stock   72000     72000   D    
Non-Qualified Stock Option (right to buy)   $36.72                 3/6/2011   3/6/2019   Common Stock   70000     70000   D    
Non-Qualified Stock Option (right to buy)   $85.20                 3/12/2012   3/12/2020   Common Stock   60000     60000   D    
Non-Quallified Stock Option (right to buy)   $14.8125                 6/28/2005   6/28/2020   Common Stock   590000     590000   D    
Non-Quallified Stock Option (right to buy)   $21.645                 6/14/2006   6/14/2011   Common Stock   75000     75000   D    
Non-Quallified Stock Option (right to buy)   $23.115                 4/5/2007   4/5/2012   Common Stock   50000     50000   D    
Non-Quallified Stock Option (right to buy)   $11.295                 6/12/2008   6/12/2013   Common Stock   50000     50000   D    
Non-Quallified Stock Option (right to buy)   $20.99                 6/3/2009   6/3/2014   Common Stock   60000     60000   D    
Non-Quallified Stock Option (right to buy)   $31.405                 6/3/2010   6/3/2015   Common Stock   80000     80000   D    
Non-Quallified Stock Option (right to buy)   $41.125                 9/16/2010   9/16/2015   Common Stock   84000     84000   D    
Non-Quallified Stock Option (right to buy)   $43.51                 3/9/2011   3/9/2016   Common Stock   100000     100000   D    
Non-Quallified Stock Option (right to buy)   $53.81                 3/9/2012   3/9/2017   Common Stock   80000     80000   D    
Variable Prepaid Forward Contract                     (4)   (4) Common Stock   500000     500000   D    

Explanation of Responses:
( 1)  Represents shares purchased through the issuer's 401(k) trust between 1/8/2010 and 4/2/2010, at prices ranging from $76.57 to $90.06 per share. Balance is based on plan statement as of 12/31/2010.
( 2)  Represents transfer between trusts which the reporting person has indirect ownership.
( 3)  The Reporting Person disclaims beneficial ownership of all securities held "by Spouse", and this shall not be deemed an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 or for any other reason.
( 4)  Information disclosed as part of Form 4 filing on 11/9/2009.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
PATTERSON NEAL L
2800 ROCKCREEK PARKWAY
NORTH KANSAS CITY, MO 64117
X
Chairman, CEO & President

Signatures
/s/Crystal Spoor, by Power of Attorney 2/11/2011
** 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 control number.
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