Sharritts Jeffery S. 4
4 · CISCO SYSTEMS, INC. · Filed Nov 14, 2023
Insider Transaction Report
Form 4
Sharritts Jeffery S.
EVP & Chief Cust & Prtnr Offcr
Transactions
- Award
Common Stock
2023-11-10+31,339→ 356,450 total - Tax Payment
Common Stock
2023-11-10$52.00/sh−38,341$1,993,732→ 318,109 total
Footnotes (4)
- [F1]Represents settlement of a performance-based restricted stock unit ("PRSU") award granted on October 14, 2020 resulting from the satisfaction of performance metrics during the three-year performance period and dividend equivalents accrued on such award.
- [F2]Includes 6,957 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 a Form 3 filed with the Commission on May 5, 2022 and a restricted stock unit award originally reported by the reporting person in a Form 4 filed with the Commission on October 13, 2022, the settlement of dividend equivalents accrued on the PRSU award described in footnote 1, and the partial settlement of dividend equivalents accrued on a restricted stock unit award.
- [F4]Includes 5,607 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.