CISCO SYSTEMS, INC. — Director's Dealing 2015

May 22, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CISCO SYSTEMS, INC. (CSCO)
CIK: 0000858877
Period of Report: 2015-05-21

Reporting Person: Elfrink Wim (EVP, Chief Globalisation Ofr)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-05-21	Common Stock	M	30000	$23.01	Acquired	281418	Direct
2015-05-21	Common Stock	S	30000	$29.6091	Disposed	251418	Direct
2015-05-22	Common Stock	M	30000	$23.01	Acquired	281418	Direct
2015-05-22	Common Stock	S	30000	$29.359	Disposed	251418	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-05-21	Non-Qualified Stock Option (right to buy)	$23.01	M	30000	Disposed	2015-09-21	Common Stock (30000)	Direct
2015-05-22	Non-Qualified Stock Option (right to buy)	$23.01	M	30000	Disposed	2015-09-21	Common Stock (30000)	Direct

Footnotes

F1: Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $29.44 to $29.76. 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.

F2: Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $29.265 to $29.44. 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.

F3: This option is immediately exercisable.