CISCO SYSTEMS, INC. — Director's Dealing 2012

Mar 9, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CISCO SYSTEMS, INC. (CSCO)
CIK: 0000858877
Period of Report: 2012-03-08

Reporting Person: CARTER LARRY R (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-12-20	Common Stock	G	59244	—	Disposed	31581	Direct
2011-12-20	Common Stock	G	59244	—	Acquired	61832	Indirect
2012-03-08	Common Stock	M	250000	$13.04	Acquired	281581	Direct
2012-03-08	Common Stock	S	250000	$19.6715	Disposed	31581	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-03-08	Non-Qualified Stock Option (right to buy)	$13.04	M	250000	Disposed	2012-04-10	Common Stock (250000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3400	Indirect

Footnotes

F1: Shares held by the Carter Revocable Trust dated October 18, 1994.

F2: This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on March 24, 2011.

F3: Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $19.54 to $19.78. 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.

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.