Richard Scott Herren - 20 Sep 2021 Form 4 Insider Report for CISCO SYSTEMS, INC. (CSCO)

Signature
/s/ Richard Scott Herren by Evan Sloves, Attorney-in-Fact
Issuer symbol
CSCO
Transactions as of
20 Sep 2021
Net transactions value
$0
Form type
4
Filing time
22 Sep 2021, 20:10:58 UTC
Next filing
14 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CSCO Common Stock Award $0 +78,727 +42% $0.000000 267,671 20 Sep 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a restricted stock unit award that vests in installments, with twenty-five percent (25%) of the shares vesting on November 10, 2022 and six-and-one-quarter percent (6.25%) of the shares vesting quarterly thereafter. Seventy-five percent (75%) of any vested shares underlying the restricted stock unit award will settle upon the reporting person's "separation from service" to Cisco within the meaning of Code Section 409A of the Internal Revenue Code.
F2 Includes 4,084 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.