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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Non-Qualified Stock Option (right to buy) | $ 23.4 | 05/25/2016 | M(1) | 125 | (4) | 11/12/2016 | Common Stock | 125 | $ 0 | 583,208 | D | ||||
Non-Qualified Stock Option (right to buy) | $ 23.4 | 05/26/2016 | M(1) | 291,542 | (4) | 11/12/2016 | Common Stock | 291,542 | $ 0 | 291,666 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
CHAMBERS JOHN T 170 WEST TASMAN DRIVE SAN JOSE, CA 95134 |
X | Executive Chairman |
/s/ John T. Chambers by Evan Sloves, Attorney-in-Fact | 05/27/2016 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on February 19, 2016. |
(2) | Includes 41,365 shares that were previously reported as indirectly beneficially owned by the Chambers 2017 GRAT #1, which were distributed and became directly owned by the reporting person on May 25, 2016, pursuant to the terms of that trust which provide for annual annuity distributions from that trust to its grantor. |
(3) | Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $28.52 to $29.00. The reporting person has provided to the issuer, and undertakes to provide to the staff of the Commission or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range. |
(4) | This option is immediately exercisable. |