Cisco Systems executive exercises options

By Associated Press May 21, 2008 Comments (0)

0 Recommendations

The executive vice president, customer advocacy, and chief globalization officer of Cisco Systems Inc. exercised options for 123,367 shares of common stock, according to two Securities and Exchange Commission filings Tuesday.

In Form 4s filed with the SEC, Wim Elfrink reported he exercised options for the shares on Friday for $9.75 to $19.59 apiece. He also sold 119,700 shares for $26.10 to $26.34 apiece.

Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.

Cisco Systems is based in San Jose, Calif.

Comments (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment icon found on every comment.

Be the first one to comment on this article.

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Compare Brokers

DocumentId: 649930, ~/articles/articlehandler.aspx, 7/24/2008 8:50:18 AM,

Sign up for FREE Motley Fool site access!

Already registered? Login Here

It’s FREE! Enter your email address, and we’ll rush you to the article you're looking for right now.

Privacy / Legal Information

We will use your email address only to keep you informed about updates to our web site and about other products and services that we think might interest you. The Motley Fool respects your privacy. Please read our Privacy Statement