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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

PETERZALEK JOHN
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
(Last)          (First)          (Middle)

2800 ROCKCREEK PARKWAY
3. Date of Earliest Transaction (MM/DD/YYYY)

4/29/2020
(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)
Code V Amount (A) or (D) Price
Common Stock 4/29/2020  M  7514 A$0.00 22019 I by Revocable Trust 
Common Stock 4/29/2020  F  2235 (1)D$71.01 19784 I by Revocable Trust 
Common Stock         8731 I by 401(k) Plan 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. 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 Date7. 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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units $0.00 4/29/2020  M     7514  4/29/2020 4/29/2022 Common Stock 7514 $0.00 15029 D  
Restricted Stock Units $0.00 4/30/2020  A   28823 (2)   4/30/2021 4/28/2023 Common Stock 28823 $0.00 (3)28823 D  
Non-Qualified Stock Option (right to buy) $67.24           5/12/2017 5/12/2025 Common Stock 50000  50000 D  
Non-Qualified Stock Option (right to buy) $55.24           5/10/2018 5/10/2026 Common Stock 32800  32800 D  
Non-Qualified Stock Option (right to buy) $65.27           5/1/2019 5/1/2027 Common Stock 82000  82000 D  
Non-Qualified Stock Option (right to buy) $57.24           5/4/2020 5/4/2028 Common Stock 61247  61247 D  
Restricted Stock Units $0.00           5/4/2021 5/4/2021 Common Stock 7145  7145 D  
Restricted Stock Units $0.00           9/7/2020 9/7/2021 Common Stock 31139  31139 D  
Restricted Stock Units $0.00           4/29/2022 4/29/2022 Common Stock 7514  7514 D  

Explanation of Responses:
(1) Shares withheld to satisfy the tax withholdings for the vesting of restricted stock units.
(2) Each restricted stock unit represents a contingent right to receive one share of Cerner Corporation common stock. The restricted stock units are eligible for vesting, per the following schedule: 9,607 on 4/30/2021, 9,608 on 4/29/2022 and 9,608 on 4/28/2023, subject to continued employment through the respective vesting dates.
(3) This transaction represents a grant of restricted stock units to the reporting person by the issuer. Therefore, no consideration other than the value of services rendered was paid for the security.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
PETERZALEK JOHN
2800 ROCKCREEK PARKWAY
NORTH KANSAS CITY, MO 64117


EVP & Chief Client & Serv. Off

Signatures
/s/ Shane M. Dawson, by Power of Attorney5/1/2020
**Signature of Reporting PersonDate

Cerner (NASDAQ:CERN)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more Cerner Charts.
Cerner (NASDAQ:CERN)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more Cerner Charts.