Richard Scott Herren - Nov 10, 2022 Form 4 Insider Report for CISCO SYSTEMS, INC. (CSCO)

Role
EVP and CFO
Signature
/s/ Richard Scott Herren by Evan Sloves, Attorney-in-Fact
Stock symbol
CSCO
Transactions as of
Nov 10, 2022
Transactions value $
-$1,032,544
Form type
4
Date filed
11/15/2022, 04:32 PM
Previous filing
Oct 13, 2022
Next filing
Dec 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CSCO Common Stock Award $0 +25.2K +6.3% $0.00 426K Nov 10, 2022 Direct F1, F2
transaction CSCO Common Stock Tax liability -$1.03M -23.5K -5.52% $43.91 402K Nov 10, 2022 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents settlement of a performance-based restricted stock unit ("PRSU") award granted on December 18, 2020 resulting from the satisfaction of performance metrics during the performance period.
F2 Includes 2,281 dividend equivalents accrued on unvested deferred restricted stock units and 4,828 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 three (3) restricted stock unit awards originally reported by the reporting person in Forms 4 filed with the Commission on December 18, 2020 and September 22, 2021, 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 2,281 dividend equivalents accrued on unvested deferred restricted stock units and 3,418 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.