Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CSCO | Common Stock | Award | $0 | +78.7K | +41.67% | $0.00 | 268K | Sep 20, 2021 | Direct | F1, F2 |
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. |