CISCO SYSTEMS, INC. — Director's Dealing 2010

Nov 2, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CISCO SYSTEMS INC (CSCO)
CIK: 0000858877
Period of Report: 2010-10-29

Reporting Person: CARTER LARRY R (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-10-29	Common Stock	M	50000	$17.26	Acquired	111674	Direct
2010-10-29	Common Stock	S	50000	$23.0116	Disposed	61674	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-10-29	Non-Qualified Stock Option (right to buy)	$17.26	M	50000	Disposed	2010-11-02	Common Stock (50000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2588	Indirect
Common Stock	3400	Indirect

Footnotes

F1: This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on September 16, 2010.

F2: Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $22.85 to $23.21. The reporting person has provided to the issuer, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range.

F3: Shares held by the Carter Revocable Trust dated October 18, 1994.

F4: The option vested as to twenty percent (20%) of the shares on the one (1) year anniversary of the grant date, and as to the remaining eighty percent (80%) of the shares thereafter in forty-eight (48) successive equal monthly installments.