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): December 12, 2014
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 (see General Instruction A.2. below):
¨ | 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 December 12, 2014, Mark Chandler, Senior Vice President, Legal Services, General Counsel and Secretary of Cisco Systems, Inc. (Cisco), adopted a pre-arranged stock trading plan to exercise up to 135,685 Cisco stock options originally granted in 2006 and set to expire in 2015, and sell the acquired shares of Cisco stock. The plan is scheduled to terminate in September 2015.
In addition, on December 15, 2014, Robert W. Lloyd, President, Development and Sales of Cisco, adopted a pre-arranged stock trading plan to (i) exercise up to 850,000 Cisco stock options originally granted between 2006 and 2009 and set to expire in 2015 and 2016, and sell the acquired shares of Cisco stock, and (ii) sell up to 880,388 shares of Cisco stock acquired upon vesting of restricted stock units. The plan is scheduled to terminate in December 2015.
Finally, on December 16, 2014, Prat Bhatt, Senior Vice President, Corporate Controller and Chief Accounting Officer of Cisco, adopted a pre-arranged stock trading plan to sell up to 57,625 shares of Cisco stock acquired upon vesting of restricted stock units and from other shareholdings. The plan is scheduled to terminate in December 2015.
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 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: December 18, 2014 | By: | /s/ Evan Sloves | ||||
Name: | Evan Sloves | |||||
Title: | Assistant Secretary |