SEC Form 4 · accession 0001567619-18-002568
CISCO SYSTEMS, INC. · CSCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark D Chandler
Officer — EVP, LglSrvs & GenCnsl
Period of report
Sep 11, 2018
Accepted (ET)
Sep 13, 2018 · 7:46 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 11, 2018 | A | 10,875 | $0.00 | A | 239,895 | D | |
| Common StockF3 | Sep 11, 2018 | A | 67,804 | $0.00 | A | 307,699 | D | |
| Common StockF4 | Sep 11, 2018 | F | 55,179 | $47.07 | D | 252,520 | D | |
| Common StockF6 | Sep 13, 2018 | S | 31,842 | $47.197 | D | 220,678 | D | |
| Common Stock | holding | — | — | — | 34,742 | I | By Mark Chandler Trust | |
| Common StockF7 | holding | — | — | — | 400 | I | By spouse | |
| Common StockF7 | holding | — | — | — | 600 | I | By Trust #1 | |
| Common StockF7 | holding | — | — | — | 500 | I | By Trust #2 | |
| Common StockF7 | holding | — | — | — | 300 | I | By Trust #3 |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents settlement of a performance-based restricted stock unit ("PRSU") award granted on May 28, 2015 resulting from the satisfaction of performance metrics during the three-year performance period.
- F2Includes 955 dividend equivalents accrued on vested deferred restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.
- F3Represents settlement of a PRSU award granted on September 9, 2015 resulting from the satisfaction of performance metrics during the three-year performance period.
- F4Represents shares withheld for payment of tax liability arising as a result of the settlement of the PRSUs described in footnotes 1 and 3 and the partial settlement of three (3) restricted stock unit awards originally reported by the reporting person in Forms 4 filed with the Commission on September 12, 2014, June 1, 2015 and September 11, 2015.
- F5This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on June 20, 2018.
- F6Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $46.88 to $47.38. 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.
- F7The 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.