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CSCO > SEC Filings for CSCO > Form 8-K on 16-Dec-2011All Recent SEC Filings

Show all filings for CISCO SYSTEMS, INC.

Form 8-K for CISCO SYSTEMS, INC.


16-Dec-2011

Other Events


Item 8.01. Other Events.

On December 13, 2011, Blair Christie, Senior Vice President, Chief Marketing and Communications Officer, Worldwide Government Affairs of Cisco Systems, Inc. ("Cisco"), adopted a pre-arranged stock trading plan to (i) exercise up to 17,333 Cisco stock options originally granted in 2003 and set to expire by September 2012, and sell the acquired shares of Cisco stock, and (ii) sell up to 36,935 shares of Cisco stock acquired from prior vesting of restricted stock units. The plan is scheduled to terminate in September 2012.

The transactions under the plan will be disclosed publicly through Form 144 and Form 4 filings with the Securities and Exchange Commission. The plan was adopted in accordance with guidelines specified under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, and Cisco's policies regarding stock transactions.

Rule 10b5-1 permits individuals who are not in possession of material, non-public information at the time the plan is adopted to establish pre-arranged plans to buy or sell company stock. Using these plans, individuals can prudently and gradually diversify their investment portfolios over an extended period of time.


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