SEC Form 4 · accession 0001140361-17-036246
CISCO SYSTEMS, INC. · CSCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark D Chandler
Officer — SVP, LglSrvs & General Counsel
Period of report
Sep 20, 2017
Accepted (ET)
Sep 22, 2017 · 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 StockF1,F2 | Sep 20, 2017 | A | 54,700 | $0.00 | A | 224,859 | D | |
| Common Stock | holding | — | — | — | 34,742 | I | By Mark Chandler Trust | |
| Common StockF3 | holding | — | — | — | 400 | I | By spouse | |
| Common StockF3 | holding | — | — | — | 600 | I | By Trust #1 | |
| Common StockF3 | holding | — | — | — | 500 | I | By Trust #2 | |
| Common StockF3 | holding | — | — | — | 300 | I | By Trust #3 |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents a restricted stock unit award that vests in installments, with twenty-five percent (25%) of the shares vesting on November 10, 2018 and six-and-one-quarter percent (6.25%) of the shares vesting quarterly thereafter. Fifty percent (50%) of any vested shares underlying the restricted stock unit award will settle upon the earlier of (a) the reporting person's "separation from service" to Cisco within the meaning of Code Section 409A of the Internal Revenue Code and (b) January 1, 2024, the fixed payment date elected by the reporting person.
- F2Includes 315 dividend equivalents accrued on vested deferred restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.
- F3The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.