SEC Form 4 · accession 0001140361-16-058973
CISCO SYSTEMS, INC. · CSCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Prat Bhatt
Officer — SVP, Corp Controller & CAO
Period of report
Mar 22, 2016
Accepted (ET)
Mar 24, 2016 · 5:56 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 Stock | Mar 22, 2016 | M | 50,000 | $25.85 | A | 160,250 | D | |
| Common StockF1 | Mar 22, 2016 | S | 50,000 | $28.2359 | D | 110,250 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F2 | $25.85 | Mar 22, 2016 | M | 50,000 | D | — | Jun 7, 2016 | Common Stock | 50,000 | 0 | D |
Explanation of responses
- F1Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $28.23 to $28.245. The reporting person has provided to the issuer, and undertakes to provide to the staff of the Commission or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
- F2This option is immediately exercisable.