Deborah L. Stahlkopf - Nov 10, 2024 Form 4 Insider Report for CISCO SYSTEMS, INC. (CSCO)

Role
EVP and Chief Legal Officer
Signature
/s/ Deborah L. Stahlkopf by Evan Sloves, Attorney-in-Fact
Stock symbol
CSCO
Transactions as of
Nov 10, 2024
Transactions value $
-$2,222,943
Form type
4
Date filed
11/13/2024, 07:27 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 +70K +28.5% $0.00 316K Nov 10, 2024 Direct F1, F2
transaction CSCO Common Stock Tax liability -$2.22M -38.3K -12.13% $58.06 277K 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 two (2) performance-based restricted stock unit ("PRSU") awards granted on September 20, 2021 resulting from the satisfaction of performance metrics during the performance periods and dividend equivalents accrued on such awards.
F2 Includes 1,576 dividend equivalents accrued on unvested deferred restricted stock units and 8,106 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 awards described in footnote 1, 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 22, 2021, October 13, 2022 and September 25, 2023, the settlement of dividend equivalents accrued on the PRSU awards described in footnote 1, and the partial settlement of dividend equivalents accrued on the restricted stock units.
F4 Includes 536 dividend equivalents accrued on vested deferred restricted stock units, 1,040 dividend equivalents accrued on unvested deferred restricted stock units and 6,718 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.