CISCO SYSTEMS, INC. — Director's Dealing 2014

Nov 24, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CISCO SYSTEMS, INC. (CSCO)
CIK: 0000858877
Period of Report: 2014-11-20

Reporting Person: CAPELLAS MICHAEL D (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-11-20	Common Stock	A	7869	—	Acquired	88689	Direct
2014-11-20	Common Stock	A	2797	$26.81	Acquired	91486	Direct
2014-11-21	Common Stock	M	50000	$18.57	Acquired	141486	Direct
2014-11-21	Common Stock	S	50000	$26.8205	Disposed	91486	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-11-21	Non-Qualified Stock Option (right to buy)	$18.57	M	50000	Disposed	2015-01-31	Common Stock (50000)	Direct

Footnotes

F1: Represents a restricted stock unit award covering shares which will fully vest upon the completion of one year of board service measured from November 20, 2014.

F2: Includes 43,679 shares that were previously reported as indirectly beneficially owned by an LLC of which the reporting person is the sole managing member and which were transferred and became directly owned by the reporting person.

F3: Shares were acquired in lieu of the director's regular annual cash retainer.

F4: Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $26.81 to $26.85. The reporting person has provided to the issuer, and undertakes to provide to the staff of the 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.

F5: This option is immediately exercisable.