Richard Scott Herren - Nov 10, 2024 Form 4 Insider Report for CISCO SYSTEMS, INC. (CSCO)

Role
EVP and CFO
Signature
/s/ Richard Scott Herren by Evan Sloves, Attorney-in-Fact
Stock symbol
CSCO
Transactions as of
Nov 10, 2024
Transactions value $
-$4,085,334
Form type
4
Date filed
11/13/2024, 07:26 PM
Previous filing
Sep 23, 2024
Next filing
Nov 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CSCO Common Stock Award $0 +89.7K +20.75% $0.00 522K Nov 10, 2024 Direct F1, F2
transaction CSCO Common Stock Tax liability -$4.09M -70.4K -13.48% $58.06 452K Nov 10, 2024 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents settlement of a performance-based restricted stock unit ("PRSU") award granted on September 20, 2021 resulting from the satisfaction of performance metrics during the performance periods and dividend equivalents accrued on such award.
F2 Includes 4,280 dividend equivalents accrued on vested deferred restricted stock units, 1,945 dividend equivalents accrued on unvested deferred restricted stock units and 12,364 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.
F3 Represents shares withheld for payment of tax liability arising as a result of the settlement of the PRSU award described in footnote 1, the partial settlement of four (4) restricted stock unit awards originally reported by the reporting person in Forms 4 filed with the Commission on December 18, 2020, September 22, 2021, October 13, 2022 and September 25, 2023, the settlement of dividend equivalents accrued on the PRSU award described in footnote 1, and the partial settlement of dividend equivalents accrued on the restricted stock units.
F4 Includes 4,669 dividend equivalents accrued on vested deferred restricted stock units, 1,556 dividend equivalents accrued on unvested deferred restricted stock units and 9,102 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.