Jeffery S. Sharritts - 10 Nov 2022 Form 4 Insider Report for CISCO SYSTEMS, INC. (CSCO)

Role
EVP & Chief Cust & Prtnr Offcr
Signature
/s/ Jeffery S. Sharritts by Evan Sloves, Attorney-in-Fact
Issuer symbol
CSCO
Transactions as of
10 Nov 2022
Net transactions value
-$535,263
Form type
4
Filing time
15 Nov 2022, 16:40:50 UTC
Previous filing
13 Oct 2022
Next filing
22 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 +11,488 +3.9% $0.000000 304,771 10 Nov 2022 Direct F1, F2
transaction CSCO Common Stock Tax liability $535,263 -12,190 -4% $43.91 292,581 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 1,162 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 and the partial settlement of five (5) restricted stock unit awards originally reported by the reporting person in a Form 3 filed with the Commission on May 5, 2022.
F4 Includes 1,162 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.