On September 30, 2024, Cisco Systems, Inc. filed a Form S-8 registration statement with the Securities and Exchange Commission (SEC), indicating the registration of equity securities for their 2024 Equity Incentive Plan. This plan is designed to grant restricted stock units under the Robust Intelligence, Inc. 2024 Equity Incentive Plan, which was assumed by Cisco following its adoption by the company's Board of Directors. The registration statement details the incorporation of documents by reference, including Cisco's Annual Report and other SEC filings, and outlines the terms and conditions of the equity incentive plan, including the administration, eligibility, and limitations of the plan. The plan aims to incentivize employees, directors, and consultants by offering them a proprietary interest in the company, aligning their...Show More

On September 30, 2024, Cisco Systems, Inc. filed a Form S-8 registration statement with the Securities and Exchange Commission (SEC), indicating the registration of equity securities for their 2024 Equity Incentive Plan. This plan is designed to grant restricted stock units under the Robust Intelligence, Inc. 2024 Equity Incentive Plan, which was assumed by Cisco following its adoption by the company's Board of Directors. The registration statement details the incorporation of documents by reference, including Cisco's Annual Report and other SEC filings, and outlines the terms and conditions of the equity incentive plan, including the administration, eligibility, and limitations of the plan. The plan aims to incentivize employees, directors, and consultants by offering them a proprietary interest in the company, aligning their interests with those of the shareholders and promoting long-term success. The plan includes provisions for the adjustment of awards in the event of corporate transactions and stipulates the handling of awards upon termination of service. The total number of shares reserved for awards under the plan is 2,719,503, subject to adjustments. The filing also includes information on indemnification of directors and officers, the interests of named experts and counsel, and the exemption from registration claimed.