CISCO SYSTEMS INC 4
4 · CISCO SYSTEMS INC · Filed Mar 23, 2007
Insider Transaction Report
Form 4
Powell Michael K
Director
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2007-03-22+50,000→ 50,000 totalExercise: $26.37Exp: 2016-03-22→ Common Stock (50,000 underlying)
Footnotes (1)
- [F1]The option is immediately exercisable for all of the option shares. However, any shares purchased under the option will be subject to repurchase by the Issuer, at the exercise price paid per share, upon the reporting person's termination of service as a member of the Issuer's Board of Directors prior to vesting in those shares. The shares subject to the option will vest in four (4) successive equal annual installments upon the reporting person's completion of each year of service as a member of the Issuer's Board of Directors over the four (4) year period measured from March 22, 2007.