SEC Form 4 · accession 0001140361-15-034408
CISCO SYSTEMS, INC. · CSCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Pankaj Patel
Officer — EVP, Chief Development Officer
Period of report
Sep 1, 2015
Accepted (ET)
Sep 3, 2015 · 7:11 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000858877
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Sep 1, 2015 | J | 50,000 | — | D | 75,297 | I | Trust #1 |
| Common Stock | holding | — | — | — | 567,619 | D | ||
| Common Stock | holding | — | — | — | 128,005 | I | Trust #2 | |
| Common Stock | holding | — | — | — | 28,368 | I | Trust #3 |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1In connection with estate planning, the shares and other property were transferred to an irrevocable trust in which the reporting person is neither a trustee nor a beneficiary in exchange for a promissory note.
- F2The deemed value of the shares was $25.12, the closing price of the Issuer's shares on the date of transfer (September 1, 2015).
Remarks
The reporting person no longer has a reportable beneficial interest in 7,936 shares of Cisco common stock owned by Child #1 and 10,261 shares of Cisco common stock owned by Child #2, which were included in the reporting person's prior ownership reports.