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CISCO SYSTEMS, INC. — Director's Dealing 2024
Nov 14, 2024
29763_dirs_2024-11-13_a58ba7ac-0808-4385-9cff-f139a26ee028.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: 2024-11-10
Reporting Person: Herren Richard Scott (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-11-10 | Common Stock | A | 89712 | — | Acquired | 522028.943 | Direct |
| 2024-11-10 | Common Stock | F | 70364 | $58.06 | Disposed | 451664.943 | Direct |
Footnotes
F1: Represents settlement of a performance-based restricted stock unit ("PRSU") award granted on September 20, 2021 resulting from the satisfaction of performance metrics during the performance periods and dividend equivalents accrued on such award.
F2: Includes 4,280 dividend equivalents accrued on vested deferred restricted stock units, 1,945 dividend equivalents accrued on unvested deferred restricted stock units and 12,364 dividend equivalents accrued on unvested 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 award described in footnote 1, the partial settlement of four (4) restricted stock unit awards originally reported by the reporting person in Forms 4 filed with the Commission on December 18, 2020, September 22, 2021, October 13, 2022 and September 25, 2023, the settlement of dividend equivalents accrued on the PRSU award described in footnote 1, and the partial settlement of dividend equivalents accrued on the restricted stock units.
F4: Includes 4,669 dividend equivalents accrued on vested deferred restricted stock units, 1,556 dividend equivalents accrued on unvested deferred restricted stock units and 9,102 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.