SEC Form 4 · accession 0001140361-16-067372
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
May 24, 2016
Accepted (ET)
May 26, 2016 · 5:08 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 | May 24, 2016 | M | 50,000 | $20.10 | A | 456,307 | D | |
| Common StockF1 | May 24, 2016 | S | 50,000 | $28.4494 | D | 406,307 | D | |
| Common Stock | May 25, 2016 | M | 75,000 | $20.10 | A | 481,307 | D | |
| Common Stock | May 25, 2016 | S | 75,000 | $28.75 | D | 406,307 | D | |
| Common Stock | holding | — | — | — | 141,015 | I | Trust #1 | |
| Common Stock | holding | — | — | — | 128,005 | I | Trust #2 | |
| Common Stock | holding | — | — | — | 28,368 | I | Trust #3 |
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 | $20.10 | May 24, 2016 | M | 50,000 | D | — | Jun 11, 2016 | Common Stock | 50,000 | 75,000 | D |
| Non-Qualified Stock Option (right to buy)F2 | $20.10 | May 25, 2016 | M | 75,000 | D | — | Jun 11, 2016 | Common Stock | 75,000 | 0 | D |
Explanation of responses
- F1Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $28.39 to $28.50. 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.