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

Role
Chair and CEO, Director
Signature
/s/ Charles Robbins by Evan Sloves, Attorney-in-Fact
Issuer symbol
CSCO
Transactions as of
10 Nov 2022
Transactions value $
-$4,919,764
Form type
4
Date filed
15 Nov 2022, 16:38
Previous filing
13 Oct 2022
Next filing
28 Nov 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CSCO Common Stock Award $0 +157K +17.45% $0.00 1.06M 10 Nov 2022 Direct F1, F2
transaction CSCO Common Stock Tax liability -$4.92M -112K -10.61% $43.91 944K 10 Nov 2022 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, 2019 resulting from the satisfaction of performance metrics during the three-year performance period.
F2 Includes 24,144 dividend equivalents accrued on vested deferred restricted stock units and 14,225 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, September 22, 2021 and November 8, 2021, and the partial settlement of dividend equivalents accrued on certain restricted stock units.
F4 Includes 24,144 dividend equivalents accrued on vested deferred restricted stock units and 11,763 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.