CISCO SYSTEMS, INC. — Director's Dealing 2011

Jan 11, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CISCO SYSTEMS INC (CSCO)
CIK: 0000858877
Period of Report: 2011-01-07

Reporting Person: CARTER LARRY R (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-01-07	Common Stock	M	65637	$20.53	Acquired	141135	Direct
2011-01-07	Common Stock	F	64259	$20.97	Disposed	76876	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-01-07	Non-Qualified Stock Option (right to buy)	$20.53	M	65637	Disposed	2011-01-07	Common Stock (65637)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2588	Indirect
Common Stock	3400	Indirect

Footnotes

F1: Represents shares delivered for payment of exercise price in connection with the option exercise reported on this Form 4.

F2: Shares held by the Carter Revocable Trust dated October 18, 1994.

F3: 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.