UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date of earliest event reported): September 16, 2010
CISCO SYSTEMS, INC.
(Exact name of registrant as specified in its charter)
California
(State or other jurisdiction
of incorporation)
0-18225 | 77-0059951 | |
(Commission File Number) |
(IRS Employer Identification No.) | |
170 West Tasman Drive, San Jose, California | 95134-1706 | |
(Address of principal executive offices) | (Zip Code) |
(408) 526-4000
(Registrants telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 8.01. | Other Events. |
On September 16, 2010, Larry R. Carter, a member of the board of directors of Cisco Systems, Inc. (Cisco), adopted a pre-arranged stock trading plan to exercise Cisco stock options originally granted in 2001 and set to expire in November 2010, and to sell the acquired shares of Cisco stock. Under the plan, Mr. Carter may sell up to 100,000 shares of Cisco stock. The plan is scheduled to terminate in November 2010.
Further, on September 16, 2010, Jerry Yang, a member of Ciscos board of directors, adopted a pre-arranged stock trading plan to exercise Cisco stock options originally granted in 2001 and set to expire in November 2010, and to sell the acquired shares of Cisco stock. Under the plan, Mr. Yang may sell up to 15,000 shares of Cisco stock. The plan is scheduled to terminate in November 2010.
The transactions under each plan will be disclosed publicly through Form 144 and Form 4 filings with the Securities and Exchange Commission. Each plan was adopted in accordance with guidelines specified under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, and Ciscos 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.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
CISCO SYSTEMS, INC. | ||||||
Dated: September 22, 2010 | By: | /s/ Evan Sloves | ||||
Name: | Evan Sloves | |||||
Title: | Assistant Secretary |