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CSCO > SEC Filings for CSCO > Form 8-K on 24-Jun-2013All Recent SEC Filings

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Form 8-K for CISCO SYSTEMS, INC.


24-Jun-2013

Other Events


Item 8.01. Other Events.

On June 18, 2013, Blair Christie, Senior Vice President and Chief Marketing Officer of Cisco Systems, Inc. ("Cisco"), adopted a pre-arranged stock trading plan (i) to exercise up to 275,000 Cisco stock options and to sell the acquired shares of Cisco stock, and (ii) to sell up to 45,772 shares of Cisco stock from other shareholdings. The plan is scheduled to terminate in June 2014.

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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