|
Quotes & Info
|
| CSCO > SEC Filings for CSCO > Form 8-K on 19-Dec-2012 | All Recent SEC Filings |
19-Dec-2012
Other Events
On December 13, 2012, Gary B. Moore, President and Chief Operating Officer of Cisco Systems, Inc. ("Cisco"), adopted a pre-arranged stock trading plan to sell up to 385,180 shares of Cisco stock acquired upon vesting of restricted stock units. The plan is scheduled to terminate in December 2013.
In addition, on December 17, 2012, Robert W. Lloyd, President, Development and Sales of Cisco, adopted a pre-arranged stock trading plan to (i) exercise up to 30,000 Cisco stock options originally granted in 2004 and set to expire by August 2013, and sell the acquired shares of Cisco stock, and (ii) sell up to 43,750 shares of Cisco stock acquired upon vesting of restricted stock units. The plan is scheduled to terminate in March 2014.
Further, on December 18, 2012, Frank A. Calderoni, Executive Vice President and
Chief Financial Officer of Cisco, adopted a pre-arranged stock trading plan to
(i) exercise up to 251,333 Cisco stock options originally granted in 2004 and
set to expire between May and August of 2013, and sell the acquired shares of
Cisco stock. The plan is scheduled to terminate in August 2013.
The transactions under the plans will be disclosed publicly through Form 144 and Form 4 filings with the Securities and Exchange Commission. The plans were 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.
|
|