Charles Robbins - Nov 10, 2021 Form 4 Insider Report for CISCO SYSTEMS, INC. (CSCO)

Role
Chair and CEO, Director
Signature
/s/ Charles Robbins by Evan Sloves, Attorney-in-Fact
Stock symbol
CSCO
Transactions as of
Nov 10, 2021
Transactions value $
-$9,258,237
Form type
4
Date filed
11/15/2021, 04:39 PM
Previous filing
Nov 8, 2021
Next filing
Nov 29, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CSCO Common Stock Award $0 +261K +34.5% $0.00 1.02M Nov 10, 2021 Direct F1, F2
transaction CSCO Common Stock Tax liability -$9.26M -161K -15.83% $57.44 857K Nov 10, 2021 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 18, 2018 resulting from the satisfaction of performance metrics during the three-year performance period.
F2 Includes 15,901 dividend equivalents accrued on vested deferred restricted stock units and 8,550 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 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 20, 2018, September 20, 2019 and September 22, 2020, and the partial settlement of dividend equivalents accrued on certain restricted stock units.
F4 Includes 15,901 dividend equivalents accrued on vested deferred restricted stock units and 6,674 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.