News Column

CERNER CORP /MO/ FILES (8-K) Disclosing Submission of Matters to a Vote of Security Holders, Other Events, Financial Statements and Exhibits

May 27, 2014



Item 5.07 Submission of Matters to a Vote of Security Holders.

Cerner Corporation ("Cerner") held its Annual Shareholders' Meeting on May 23, 2014. The shareholders considered and voted on the three proposals submitted for shareholder vote, each of which is described in detail in Cerner's 2014 Proxy Statement. The following is a brief description of the matters that were voted on at the Annual Shareholders' Meeting and the final results of such voting:

Proposal No. 1 - The election of three Class I Directors, John C. Danforth, Neal L. Patterson and William D. Zollars, each to serve for a three year term.

Final Results: John C. Danforth, Neal L. Patterson and William D. Zollars have been elected as Class I Directors.

Broker For Against Abstentions Non-votes John C. Danforth 277,772,846 12,045,986 594,731 25,445,755 Neal L. Patterson 283,182,751 6,211,077 1,019,735 25,445,755 William D. Zollars 285,345,458 4,460,184 607,921 25,445,755



Proposal No. 2 - The ratification of the appointment of KPMG LLP as the independent registered public accounting firm of Cerner for 2014. Final Results: The shareholders ratified the appointment of KPMG LLP as Cerner's independent registered public accounting firm for 2014.

For Against Abstentions KPMG LLP 313,067,669 2,152,730 638,919



There were no broker non-votes with respect to this proposal.

Proposal No. 3 - An advisory vote to approve the compensation of Cerner's Named Executive Officers. Final Results: The shareholders approved, on an advisory basis, the compensation of Cerner's Named Executive Officers.

Broker For Against Abstentions Non-votes



Advisory Vote to Approve the Compensation of Cerner's Named 285,546,174 3,744,493 1,122,896 25,445,755 Executive Officers

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Item 8.01 Other Events.

On May 27, 2014, Cerner announced that its Board of Directors has approved an amendment to the stock repurchase program that was authorized by its Board on December 12, 2013 (the "2014 Repurchase Program"). Under the amendment, Cerner may repurchase shares of Cerner's Common Stock in the open market or in privately-negotiated purchases, or both, at an aggregate purchase price of up to an additional $100 million. This increase authorizes repurchases under the 2014 Repurchase Program of up to $317 million in the aggregate. No time limit was set for completion of the program. A press release announcing the amendment to the repurchase program was issued and is attached hereto as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits. (d) Exhibits



99.1 Press Release of Cerner Corporation dated May 27, 2014.

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Source: Edgar Glimpses


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