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

Signature
/s/ Geraldine Elliott by Evan Sloves, Attorney-in-Fact
Stock symbol
CSCO
Transactions as of
Nov 10, 2021
Transactions value $
-$4,304,266
Form type
4
Date filed
11/15/2021, 04:43 PM
Previous filing
Sep 22, 2021
Next filing
Feb 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CSCO Common Stock Award $0 +119K +35.17% $0.00 459K Nov 10, 2021 Direct F1, F2
transaction CSCO Common Stock Tax liability -$4.3M -74.9K -16.33% $57.44 384K 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 328 dividend equivalents accrued on vested deferred restricted stock units and 4,320 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 328 dividend equivalents accrued on vested deferred restricted stock units and 3,358 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.