SEC Form 4 · accession 0001567619-18-002570
CISCO SYSTEMS, INC. · CSCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kelly A. Kramer
Officer — EVP and CFO
Period of report
Sep 11, 2018
Accepted (ET)
Sep 13, 2018 · 7:47 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 | Sep 11, 2018 | A | 218,589 | $0.00 | A | 720,930 | D | |
| Common StockF2 | Sep 11, 2018 | F | 124,206 | $47.07 | D | 596,724 | D | |
| Common StockF4 | Sep 13, 2018 | S | 70,000 | $47.201 | D | 526,724 | D |
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 September 9, 2015 resulting from the satisfaction of performance metrics during the three-year performance period.
- F2Represents shares withheld for payment of tax liability arising as a result of the settlement of the PRSU described in footnote 1 and the partial settlement of two (2) restricted stock unit awards originally reported by the reporting person in a Form 3 filed with the Commission on January 9, 2015 and in a Form 4 filed with the Commission on September 11, 2015.
- F3This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on June 22, 2018.
- F4Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $46.86 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.