Maria Martinez - Nov 10, 2022 Form 4 Insider Report for CISCO SYSTEMS, INC. (CSCO)

Role
EVP & Chief Operating Officer
Signature
/s/ Maria Martinez by Evan Sloves, Attorney-in-Fact
Stock symbol
CSCO
Transactions as of
Nov 10, 2022
Transactions value $
-$2,091,872
Form type
4
Date filed
11/15/2022, 04:34 PM
Previous filing
Oct 13, 2022
Next filing
Nov 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CSCO Common Stock Award $0 +64.3K +14.66% $0.00 503K Nov 10, 2022 Direct F1, F2
transaction CSCO Common Stock Tax liability -$2.09M -47.6K -9.47% $43.91 455K Nov 10, 2022 Direct F3, F4
holding CSCO Common Stock 1.28K Nov 10, 2022 By Trust
* 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, 2019 resulting from the satisfaction of performance metrics during the three-year performance period.
F2 Includes 7,084 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 award described in footnote 1, the partial settlement of five (5) restricted stock unit awards originally reported by the reporting person in Forms 4 filed with the Commission on September 20, 2018, September 20, 2019, September 22, 2020, February 5, 2021 and September 22, 2021, and the partial settlement of dividend equivalents accrued on certain restricted stock units.
F4 Includes 5,925 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.