Richard Scott Herren - Jun 22, 2023 Form 4 Insider Report for CISCO SYSTEMS, INC. (CSCO)

Signature
/s/ Richard Scott Herren by Evan Sloves, Attorney-in-Fact
Stock symbol
CSCO
Transactions as of
Jun 22, 2023
Transactions value $
-$130,626
Form type
4
Date filed
6/23/2023, 04:16 PM
Previous filing
May 12, 2023
Next filing
Aug 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CSCO Common Stock Sale -$131K -2.58K -0.91% $50.65 281K Jun 22, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on March 23, 2023.
F2 Includes 1,231 dividend equivalents accrued on vested deferred restricted stock units, 2,053 dividend equivalents accrued on unvested deferred restricted stock units, and 5,404 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.