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*
PATTERSON NEAL L

(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)
Chairman, CEO & President
3. Date of Earliest Transaction (Month/Day/Year)
03/13/2012
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 03/13/2012 S 2,500 D $75.93 69,276.12 I by Spouse
Common Stock 5,505,087 D
Common Stock 318,244 I by Grantor Retained Annuity Trust
Common Stock 4,998,571 I by Revocable Trust
Common Stock 166,000 I by Charitable Remainder Trust
Common Stock 71,200 I by Trust as Co-Trustee
Common Stock 107,349.38 I by 401(k) Plan
Common Stock 1,609,346 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 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) $20.11 03/14/2013 03/14/2018 Common Stock 144,000 144,000 D
Non-Qualified Stock Option (right to buy) $18.36 03/06/2011 03/06/2019 Common Stock 140,000 140,000 D
Non-Qualified Stock Option (right to buy) $42.6 03/12/2012 03/12/2020 Common Stock 120,000 120,000 D
Non-Qualified Stock Option (right to buy) $51.6 03/11/2013 03/11/2021 Common Stock 110,000 110,000 D
Non-Qualified Stock Option (right to buy) $76.86 03/09/2014 03/09/2022 Common Stock 80,000 80,000 D
Non-Quallified Stock Option (right to buy) $7.4063 06/28/2005 06/28/2020 Common Stock 1,180,000 1,180,000 D
Non-Quallified Stock Option (right to buy) $5.6475 06/12/2008 06/12/2013 Common Stock 100,000 100,000 D
Non-Quallified Stock Option (right to buy) $10.495 06/03/2009 06/03/2014 Common Stock 120,000 120,000 D
Non-Quallified Stock Option (right to buy) $15.7025 06/03/2010 06/03/2015 Common Stock 160,000 160,000 D
Non-Quallified Stock Option (right to buy) $20.5625 09/16/2010 09/16/2015 Common Stock 168,000 168,000 D
Non-Quallified Stock Option (right to buy) $21.755 03/09/2011 03/09/2016 Common Stock 200,000 200,000 D
Non-Quallified Stock Option (right to buy) $26.905 03/09/2012 03/09/2017 Common Stock 160,000 160,000 D
Variable Prepaid Forward Contract (1) (1) (1) Common Stock 1,000,000 1,000,000 D
Explanation of Responses:
1. Information disclosed as part of Form 4 filing on 11/9/2009.
Remarks:
/s/Tyler Wright, by Power of Attorney 03/15/2012
** 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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