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Filing Details

Accession Number:: 0001209191-13-026946
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2013-05-16 17:26:52
Reporting Period:: 2013-05-14

Filing Date:: 2013-05-16
Accepted Time:: 2013-05-16 17:26:52
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
804753	Cerner Corp	CERN	Services-Computer Integrated Systems Design (7373)	431196944

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
900405	L Neal Patterson	2800 Rockcreek Parkway North Kansas City MO 64117	Chairman, Ceo & President	Yes	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2013-03-15	4,015	$0.00	255,691	No	5	J	Indirect	by Grantor Retained Annuity Trust
Common Stock	Acquisiton	2013-03-15	4,015	$0.00	9,781,658	No	5	J	Indirect	by Revocable Trust
Common Stock	Disposition	2013-04-02	255,691	$0.00	0	No	5	G	Indirect	by Grantor Retained Annuity Trust
Common Stock	Acquisiton	2013-04-02	255,691	$0.00	1,865,037	No	5	G	Indirect	by Spouse as sole Trustee of Irrevocable Trust for children
Common Stock	Disposition	2013-04-19	410,567	$0.00	1,454,470	No	5	G	Indirect	by Spouse as sole Trustee of Irrevocable Trust for children
Common Stock	Disposition	2013-05-08	2,633	$0.00	9,779,025	No	5	G	Indirect	by Revocable Trust
Common Stock	Disposition	2013-05-14	2,500	$95.50	9,776,525	No	4	S	Indirect	by Revocable Trust
Common Stock	Disposition	2013-05-14	2,500	$95.29	161,000	No	4	S	Indirect	by Charitable Remainder Trust
Common Stock	Disposition	2013-05-14	2,500	$95.35	66,200	No	4	S	Indirect	by Trust as Co-Trustee

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	5	J	Indirect	by Grantor Retained Annuity Trust
No	5	J	Indirect	by Revocable Trust
No	5	G	Indirect	by Grantor Retained Annuity Trust
No	5	G	Indirect	by Spouse as sole Trustee of Irrevocable Trust for children
No	5	G	Indirect	by Spouse as sole Trustee of Irrevocable Trust for children
No	5	G	Indirect	by Revocable Trust
No	4	S	Indirect	by Revocable Trust
No	4	S	Indirect	by Charitable Remainder Trust
No	4	S	Indirect	by Trust as Co-Trustee

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	107,853	Indirect	by 401(k) Plan
Common Stock	69,276	Indirect	by Spouse

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Non-Quallified Stock Option (right to buy)	$7.41	2005-06-28	2020-06-28	1,180,000	1,180,000	Direct
Common Stock	Non-Quallified Stock Option (right to buy)	$10.50	2009-06-03	2014-06-03	120,000	120,000	Direct
Common Stock	Non-Quallified Stock Option (right to buy)	$15.70	2010-06-03	2015-06-03	160,000	160,000	Direct
Common Stock	Non-Quallified Stock Option (right to buy)	$20.56	2010-09-16	2015-09-16	168,000	168,000	Direct
Common Stock	Non-Quallified Stock Option (right to buy)	$21.76	2011-03-09	2016-03-09	200,000	200,000	Direct
Common Stock	Non-Quallified Stock Option (right to buy)	$26.91	2012-03-09	2017-03-09	160,000	160,000	Direct
Common Stock	Non-Qualified Stock Option (right to buy)	$20.11	2013-03-14	2018-03-14	144,000	144,000	Direct
Common Stock	Non-Qualified Stock Option (right to buy)	$18.36	2011-03-06	2019-03-06	140,000	140,000	Direct
Common Stock	Non-Qualified Stock Option (right to buy)	$42.60	2012-03-12	2020-03-12	120,000	120,000	Direct
Common Stock	Non-Qualified Stock Option (right to buy)	$51.60	2013-03-11	2021-03-11	110,000	110,000	Direct
Common Stock	Non-Qualified Stock Option (right to buy)	$76.86	2014-03-09	2022-03-09	80,000	80,000	Direct
Common Stock	Non-Qualified Stock Option (right to buy)	$89.23	2015-03-01	2023-03-01	80,000	80,000	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2020-06-28	1,180,000	1,180,000	Direct
2014-06-03	120,000	120,000	Direct
2015-06-03	160,000	160,000	Direct
2015-09-16	168,000	168,000	Direct
2016-03-09	200,000	200,000	Direct
2017-03-09	160,000	160,000	Direct
2018-03-14	144,000	144,000	Direct
2019-03-06	140,000	140,000	Direct
2020-03-12	120,000	120,000	Direct
2021-03-11	110,000	110,000	Direct
2022-03-09	80,000	80,000	Direct
2023-03-01	80,000	80,000	Direct

Footnotes

This transaction represents a distribution of shares by the Grantor Retained Annuity Trust (GRAT) to the insider-grantor, in satisfaction of the GRAT's annuity payment obligations, which is exempt from reporting by the insider-grantor pursuant to Rule 16a-13 as a change of form of ownership, since the beneficiaries do not have a pecuniary interest in the shares the GRAT holds.
This transaction represents the final distribution of shares by the Grantor Retained Annuity Trust (GRAT) in which the remainder of the shares held by the GRAT are distributed evenly to the four trusts of which the reporting person's children are the beneficiaries. This distribution is exempt from reporting by the insider-grantor pursuant to Rule 16b-5, as the distribution represents a bona fide gift.
This transaction represents the transfer of shares held in an irrevocable trust for the benefit of one of the reporting person's children to a revocable trust in which the reporting person has no pecuniary interest. This transaction is exempt from reporting by the reporting person pursuant to Rule 16b-5, as it is a bona fide gift.
Price reflects a weighted-average price for the transaction. Sale of shares took place at actual prices ranging from $95.26 to $95.35.
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.
Price reflects a weighted-average price for the transaction. Sale of shares took place at actual prices ranging from $95.32 to $95.41.