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CISCO SYSTEMS, INC. — Director's Dealing 2019
Nov 23, 2019
29763_dirs_2019-11-22_f3799e8b-1806-4b6a-97aa-d6f36a9540eb.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CISCO SYSTEMS, INC. (CSCO)
CIK: 0000858877
Period of Report: 2019-11-20
Reporting Person: CHANDLER MARK D (EVP, LglSrvs & GenCnsl)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-11-20 | Common Stock | A | 67422 | — | Acquired | 262262 | Direct |
| 2019-11-20 | Common Stock | F | 38257 | $45.47 | Disposed | 224005 | Direct |
| 2019-11-22 | Common Stock | S | 19880 | $44.8327 | Disposed | 204125 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 34742 | Indirect |
| Common Stock | 400 | Indirect |
| Common Stock | 600 | Indirect |
| Common Stock | 500 | Indirect |
| Common Stock | 300 | Indirect |
Footnotes
F1: Represents settlement of a performance-based restricted stock unit ("PRSU") award granted on September 21, 2016 resulting from the satisfaction of performance metrics during the three-year performance period.
F2: Includes 2,466 dividend equivalents accrued on vested deferred restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.
F3: Represents shares withheld for payment of tax liability arising as a result of the settlement of the PRSU described in footnote 1 and the partial settlement of a restricted stock unit award originally reported by the reporting person in a Form 4 filed with the Commission on September 23, 2016.
F4: This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on March 4, 2019.
F5: Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $44.69 to $45.14. 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.
F6: The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.