SEC Form 4 · accession 0001140361-16-067624
CISCO SYSTEMS, INC. · CSCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John T Chambers
Officer — Executive Chairman · Director
Period of report
May 25, 2016
Accepted (ET)
May 27, 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 StockF2 | May 25, 2016 | M | 125 | $23.40 | A | 1,967,156 | D | |
| Common StockF3 | May 25, 2016 | S | 250,125 | $28.8886 | D | 1,717,031 | D | |
| Common Stock | May 26, 2016 | M | 291,542 | $23.40 | A | 2,008,573 | D | |
| Common Stock | May 26, 2016 | S | 291,542 | $29.00 | D | 1,717,031 | D | |
| Common Stock | holding | — | — | — | 8,724 | I | Chambers 2017 GRAT #1 | |
| Common Stock | holding | — | — | — | 45,538 | I | Child Trust #1 | |
| Common Stock | holding | — | — | — | 45,537 | I | Child Trust #2 |
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)F4 | $23.40 | May 25, 2016 | M | 125 | D | — | Nov 12, 2016 | Common Stock | 125 | 583,208 | D |
| Non-Qualified Stock Option (right to buy)F4 | $23.40 | May 26, 2016 | M | 291,542 | D | — | Nov 12, 2016 | Common Stock | 291,542 | 291,666 | D |
Explanation of responses
- F1This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on February 19, 2016.
- F2Includes 41,365 shares that were previously reported as indirectly beneficially owned by the Chambers 2017 GRAT #1, which were distributed and became directly owned by the reporting person on May 25, 2016, pursuant to the terms of that trust which provide for annual annuity distributions from that trust to its grantor.
- F3Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $28.52 to $29.00. 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.
- F4This option is immediately exercisable.