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 and CEO
3. Date of Earliest Transaction (Month/Day/Year)
08/05/2016
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 08/05/2016 J V 572(1)(2) A $54.44(1)(2) 176,122 I by 401(k) Plan
Common Stock 08/05/2016 I 40,000 D $66.84(3)(4) 136,122 I by 401(k) Plan
Common Stock 08/05/2016 S 28,000 D $66.81(4)(5) 305,680 I by Trust as Co-Trustee
Common Stock 08/05/2016 M 750,000 A $3.7032 19,883,903 I by Revocable Trust
Common Stock 08/05/2016 F 349,362 D $66.87(6) 19,534,541 I by Revocable Trust
Common Stock 08/08/2016 S 200,319 D $67.25(4)(7) 19,334,222 I by Revocable Trust
Common Stock 08/09/2016 S 200,319 D $67.08(4)(8) 19,133,903 I by Revocable Trust
Common Stock 97,552 I by Spouse
Common Stock 2,898,940 I by Spouse as sole Trustee of Irrevocable Trust for children
Common Stock 250,970 I by Charitable Remainder Trust
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-Quallified Stock Option (right to buy) $3.7032 08/05/2016 M 750,000 06/28/2005 06/28/2020 Common Stock 750,000 $3.7032 1,138,000 D
Non-Qualified Stock Option (right to buy) $21.3 03/12/2012 03/12/2020 Common Stock 240,000 240,000 D
Non-Qualified Stock Option (right to buy) $25.8 03/11/2013 03/11/2021 Common Stock 220,000 220,000 D
Non-Qualified Stock Option (right to buy) $38.43 03/09/2014 03/09/2022 Common Stock 160,000 160,000 D
Non-Qualified Stock Option (right to buy) $44.615 03/01/2015 03/01/2023 Common Stock 160,000 160,000 D
Non-Qualified Stock Option (right to buy) $60.37 03/07/2016 03/07/2024 Common Stock 146,500 146,500 D
Non-Qualified Stock Option (right to buy) $70.91 03/12/2017 03/12/2025 Common Stock 146,500 146,500 D
Non-Qualified Stock Option (right to buy) $54.01 03/11/2018 03/11/2026 Common Stock 157,000 157,000 D
Non-Qualified Stock Option (right to buy) $10.055 03/14/2013 03/14/2018 Common Stock 288,000 288,000 D
Non-Qualified Stock Option (right to buy) $9.18 03/06/2011 03/06/2019 Common Stock 280,000 280,000 D
Non-Quallified Stock Option (right to buy) $13.4525 03/09/2012 03/09/2017 Common Stock 320,000 320,000 D
Explanation of Responses:
1. Represents shares acquired through routine payroll deduction and participation in the issuer's 401(k) plan between 01/03/2016 and 08/05/2016, at prices ranging from $50.88 to $57.41 per share. Balance is based on plan statement as of 08/05/2016. This transaction qualifies as a non-discretionary transaction from a tax-qualified plan.
2. Full information regarding the number of shares purchased or sold at each separate price will be provided upon request by the Commission staff, Cerner Corporation, or a Cerner shareholder.
3. Price reflects a weighted-average price for the transaction. Sale of shares took place at actual prices ranging from $66.83 to $66.84.
4. 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.
5. Price reflects a weighted-average price for the transaction. Sale of shares took place at actual prices ranging from $65.84 to $67.44.
6. Fair market value per share of shares withheld to satisfy the exercise price and tax withholdings of net exercise of options.
7. Price reflects a weighted-average price for the transaction. Sale of shares took place at actual prices ranging from $66.53 to $67.47.
8. Price reflects a weighted-average price for the transaction. Sale of shares took place at actual prices ranging from $66.87 to $67.49.
Remarks:
/s/Patricia E. Davies, by Power of Attorney 08/09/2016
** 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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