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*
Nill Michael

(Last) (First) (Middle)
2800 ROCKCREEK PKWY

(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 & COO
3. Date of Earliest Transaction (Month/Day/Year)
03/08/2012
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 03/08/2012 X 25,000 A $15.7025 27,876 D
Common Stock 03/08/2012 S 25,000 D $75.9646 (1) (2) 2,876 D
Common Stock 5,784.866 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) $15.7025 03/08/2012 X 25,000 06/03/2007 06/03/2015 Common Stock 25,000 $15.7025 25,000 D
Common Stock (Restricted) $40.95 06/01/2011 06/01/2013 Common Stock 45,000 45,000 D
Common Stock (Restricted) $51.6 06/01/2012 06/01/2014 Common Stock 40,000 40,000 D
Non-Qualified Stock Option (right to buy) $23.16 04/25/2010 04/25/2018 Common Stock 50,000 50,000 D
Non-Qualified Stock Option (right to buy) $18.36 03/06/2011 03/06/2019 Common Stock 55,000 55,000 D
Non-Qualified Stock Option (right to buy) $3.5 11/08/1997 11/08/2021 Common Stock 2,600 2,600 D
Non-Qualified Stock Option (right to buy) $7 11/01/1998 11/01/2022 Common Stock 1,560 1,560 D
Non-Qualified Stock Option (right to buy) $20.42 04/25/2008 04/25/2016 Common Stock 40,000 40,000 D
Non-Qualified Stock Option (right to buy) $27.305 04/24/2009 04/24/2017 Common Stock 50,000 50,000 D
Explanation of Responses:
1. Price reflects a weighted-average price for the transaction. Sale of shares took place at actual prices ranging from $75.83 to $76.14.
2. Full information regarding the number of shares purchased or sold at each separate price shall be provided upon request by the Commission staff, Cerner Corporation, or a Cerner shareholder.
Remarks:
/s/Tyler Wright, by Power of Attorney 03/12/2012
** 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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