-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, McF6W8T3lPY6TqqMsy9aZrOsxg82geYuiBbVeui7N1cM9GyWPj6i2j0rCIu/T8zt 7QqmAE+839reWxxfo6EFAw== 0000891618-98-001040.txt : 19980310 0000891618-98-001040.hdr.sgml : 19980310 ACCESSION NUMBER: 0000891618-98-001040 CONFORMED SUBMISSION TYPE: S-3/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 19980309 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: CISCO SYSTEMS INC CENTRAL INDEX KEY: 0000858877 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER COMMUNICATIONS EQUIPMENT [3576] IRS NUMBER: 770059951 STATE OF INCORPORATION: CA FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: S-3/A SEC ACT: SEC FILE NUMBER: 333-47191 FILM NUMBER: 98560483 BUSINESS ADDRESS: STREET 1: 170 WEST TASMAN DRIVE CITY: SAN JOSE STATE: CA ZIP: 95134-1706 BUSINESS PHONE: 4085264000 MAIL ADDRESS: STREET 1: 225 WEST TASMAN DRIVE CITY: SAN JOSE STATE: CA ZIP: 95134-1706 S-3/A 1 AMENDMENT #1 TO FORM S-3 1 AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON MARCH 9, 1998 REGISTRATION NO. 333-47191 ================================================================================ SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 AMENDMENT NO. 1 TO FORM S-3 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 CISCO SYSTEMS, INC. (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER) ---------- CALIFORNIA 77-0059951 (STATE OR OTHER JURISDICTION OF (I.R.S. EMPLOYER INCORPORATION OR ORGANIZATION) IDENTIFICATION NUMBER) ---------- 255 WEST TASMAN DRIVE SAN JOSE, CALIFORNIA 95134 (408) 526-4000 (ADDRESS, INCLUDING ZIP CODE, AND TELEPHONE NUMBER, INCLUDING AREA CODE, OF REGISTRANT'S PRINCIPAL EXECUTIVE OFFICES) ---------- JOHN T. CHAMBERS PRESIDENT AND CHIEF EXECUTIVE OFFICER CISCO SYSTEMS, INC. 255 WEST TASMAN DRIVE SAN JOSE, CALIFORNIA 95134 (408) 526-4000 (NAME AND ADDRESS, INCLUDING ZIP CODE, AND TELEPHONE NUMBER, INCLUDING AREA CODE, OF AGENT FOR SERVICE) ---------- Copy to: THERESE A. MROZEK, ESQ. DAVID A. MAKARECHIAN, ESQ. BROBECK, PHLEGER & HARRISON LLP TWO EMBARCADERO PLACE 2200 GENG ROAD PALO ALTO, CALIFORNIA 94303 (650) 424-0160 ---------- APPROXIMATE DATE OF COMMENCEMENT OF PROPOSED SALE TO THE PUBLIC: From time to time after this Registration Statement becomes effective. If the only securities being registered on this Form are being offered pursuant to dividend or interest reinvestment plans, please check the following box. [ ] If any of the securities being registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933, other than securities offered only in connection with dividend or interest reinvestment plans, check the following box. [X] If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, please check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. [ ] If this Form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. [ ] If delivery of the prospectus is expected to be made pursuant to Rule 434, please check the following box. [ ] ---------- CALCULATION OF REGISTRATION FEE
======================================================================================================================== Title of Each Amount Proposed Maximum Proposed Maximum Amount Class of Securities to Be Offering Aggregate of Registration to be Registered Registered Price Per Share(1) Offering Price(1) Fee - ------------------------------------------------------------------------------------------------------------------------ Common Stock, 2,513,307 $66.1875 $166,349,507.06 $49,073.10(2) $0.001 par value per share ========================================================================================================================
(1) The price of $66.1875, which was the average of the high and low prices of the Common Stock on the Nasdaq National Market System on February 26, 1998, is set forth solely for the purpose of computing the registration fee pursuant to Rule 457(c). (2) Previously paid $49,073.14 for 2,513,309 shares. ---------- THE REGISTRANT HEREBY AMENDS THIS REGISTRATION STATEMENT ON SUCH DATE OR DATES AS MAY BE NECESSARY TO DELAY ITS EFFECTIVE DATE UNTIL THE REGISTRANT SHALL FILE A FURTHER AMENDMENT THAT SPECIFICALLY STATES THAT THIS REGISTRATION STATEMENT SHALL THEREAFTER BECOME EFFECTIVE IN ACCORDANCE WITH SECTION 8(a) OF THE SECURITIES ACT OF 1933 OR UNTIL THE REGISTRATION STATEMENT SHALL BECOME EFFECTIVE ON SUCH DATE AS THE COMMISSION, ACTING PURSUANT TO SAID SECTION 8(a), MAY DETERMINE. ================================================================================ 2 2,513,307 SHARES CISCO SYSTEMS, INC. COMMON STOCK This Prospectus relates to the public offering, which is not being underwritten, of 2,513,307 shares of Common Stock, par value of $0.001 per share, of Cisco Systems, Inc. (the "Company" or the "Registrant"). All 2,513,307 shares (the "Shares") may be offered by certain shareholders of the Company or by pledgees, donees, transferees or other successors in interest that receive such shares as a gift, partnership distribution or other non-sale related transfer (the "Selling Shareholders"). All of the shares were originally issued by the Company in connection with the acquisition of LightSpeed International, Inc. ("LightSpeed"), by and through the acquisition of all of the common and preferred stock and options to purchase common stock of LightSpeed whereby LightSpeed was merged with and into the Company with the Company as the surviving corporation. The Shares were issued pursuant to an exemption from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"), provided by Section 4(2) thereof. The Shares are being registered by the Company pursuant to the Agreement and Plan of Merger between the Company and LightSpeed. The Shares may be offered by the Selling Shareholders from time to time in transactions in the over-the-counter market, in negotiated transactions, or a combination of such methods of sale, at fixed prices which may be changed, at market prices prevailing at the time of sale, at prices related to prevailing market prices or at negotiated prices. The Selling Shareholders may effect such transactions by selling the Shares to or through broker-dealers, and such broker-dealers may receive compensation in the form of discounts, concessions or commissions from the Selling Shareholders and/or the purchasers of the Shares for whom such broker-dealers may act as agents or to whom they sell as principals, or both (which compensation as to a particular broker-dealer might be in excess of customary commissions). See "Plan of Distribution." The Company will not receive any of the proceeds from the sale of the Shares. The Company has agreed to bear certain expenses in connection with the registration of the Shares being offered and sold by the Selling Shareholders. The Company's Common Stock is quoted on the Nasdaq National Market under the symbol "CSCO." On February 26, 1998, the average of the high and low price for the Common Stock was $66.1875. ---------- The Selling Shareholders and any broker-dealers or agents that participate with the Selling Shareholders in the distribution of the Shares may be deemed to be "underwriters" within the meaning of Section 2(11) of the Securities Act, and any commissions received by them and any profit on the resale of the Shares purchased by them may be deemed to be underwriting commissions or discounts under the Securities Act. ---------- THESE SECURITIES HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE SECURITIES AND EXCHANGE COMMISSION OR ANY STATE SECURITIES COMMISSION NOR HAS THE SECURITIES AND EXCHANGE COMMISSION OR ANY STATE SECURITIES COMMISSION PASSED UPON THE ACCURACY OR ADEQUACY OF THIS PROSPECTUS. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE. The Company has undertaken to keep a Registration Statement of which this Prospectus constitutes a part effective until the earlier to occur of February 10, 2000 or the earlier disposition of the securities offered hereby. After such period, if the Company chooses not to maintain the effectiveness of the Registration Statement of which this Prospectus constitutes a part, the securities issuable upon exercise hereof and offered hereby may not be sold, pledged, transferred or assigned, except in a transaction which is exempt under the provisions of the Securities Act of 1933, as amended, or pursuant to an effective registration statement thereunder. ================================================================================ The date of this Prospectus is , 1998 3 No person has been authorized to give any information or to make any representations other than those contained in this Prospectus in connection with the offering made hereby, and if given or made, such information or representations must not be relied upon as having been authorized by the Company, any Selling Shareholder or by any other person. Neither the delivery of this Prospectus nor any sale made hereunder shall, under any circumstances, create any implication that information herein is correct as of any time subsequent to the date hereof. This Prospectus does not constitute an offer to sell or a solicitation of an offer to buy any security other than the securities covered by this Prospectus, nor does it constitute an offer to or solicitation of any person in any jurisdiction in which such offer or solicitation may not lawfully be made. AVAILABLE INFORMATION The Company is subject to the informational requirements of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and in accordance therewith files reports, proxy statements, information statements and other information with the Securities and Exchange Commission (the "Commission"). Reports, proxy statements and other information filed by the Company may be inspected and copied at the public reference facilities maintained by the Commission at Room 1024, 450 Fifth Street, N.W., Washington, D.C. 20549, and at the Commission's Regional Offices located at 75 Park Place, New York, New York 10007 and 500 West Madison Street, Suite 1400, Chicago, Illinois 60661-2511. Copies of such material can be obtained by mail from the Public Reference Branch of the Commission at Room 1024, 450 Fifth Street, N.W., Washington, D.C. 20549 at prescribed rates. The Common Stock of the Company is quoted on the Nasdaq National Market, and such material may also be inspected at the offices of Nasdaq Operations, 1735 K Street N.W. Washington, D.C. 20006. The Commission maintains a World Wide Web site that contains reports, proxy and information statements and other information regarding registrants that file electronically with the Commission. The address of the Commission's web site is http://www.sec.gov. The Company has filed with the Commission a registration statement on Form S-3 (herein, together with all amendments and exhibits thereto, referred to as the "Registration Statement") under the Securities Act with respect to the Common Stock offered hereby. This Prospectus does not contain all of the information set forth in the Registration Statement, certain parts of which are omitted in accordance with the rules and regulations of the Commission. For further information regarding the Company and the Common Stock offered hereby, reference is hereby made to the Registration Statement and to the exhibits and schedules filed therewith. The Registration Statement, including the exhibits and schedules thereto, may be inspected at the public reference facilities maintained by the Commission at Room 1024, 450 Fifth Street, N.W., Washington, D.C. 20549 and copies of all or any part thereof may be obtained from such office upon payment of the prescribed fees. INCORPORATION OF CERTAIN DOCUMENTS BY REFERENCE The following documents filed with the Commission (File No. 0-18225) pursuant to the Exchange Act are incorporated herein by reference: 1. The Company's Annual Report on Form 10-K for the fiscal year ended July 26, 1997, filed October 22, 1997; 2. The Company's Quarterly Report on Form 10-Q for the quarter ended October 25, 1997 filed on December 9, 1997; 3. The Company's Current Reports on Form 8-K filed on February 11, 1998, and on September 9, 1997, August 22, 1997. 4. Definitive Proxy Statement dated October 1, 1997, filed on October 1, 1997 in connection with the Company's 1997 Annual Meeting of Shareholders; 2. 4 5. The description of the Company's Common Stock, $0.001 par value per share, contained in its Registration Statement on Form 8-A filed on January 8, 1990, including any amendment or report filed for the purpose of updating such description; and 6. All reports and other documents filed by the Company pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of this Prospectus and prior to the termination of the offering. Any statement contained in a document incorporated by reference herein shall be deemed to be incorporated by reference in this Prospectus and to be part hereof from the date of filing of such documents. Any statement modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this Prospectus. The Company will provide without charge to each person to whom this Prospectus is delivered a copy of any or all of such documents which are incorporated herein by reference (other than exhibits to such documents unless such exhibits are specifically incorporated by reference into the documents that this Prospectus incorporates). Written requests for copies should be directed to Larry R. Carter, Chief Financial Officer and Secretary, at the principal executive offices of Cisco Systems, Inc., 255 West Tasman Drive, San Jose, California 95134. The Company's telephone number is (408) 526-4000. 3. 5 THE COMPANY The principal executive offices of the Company are located at 255 West Tasman Drive, San Jose, California 95134. The Company's telephone number is (408) 526-4000. PLAN OF DISTRIBUTION The Company will receive no proceeds from this offering. The Shares offered hereby may be sold from time to time by the Selling Shareholders or by pledgees, donees, transferees or other successors in interest. The Selling Shareholders will act independently of the Company in making decisions with respect to the timing, manner and size of each sale. Such sales may be made on one or more exchanges or in the over-the-counter market, or otherwise, at prices and at terms then prevailing or at prices related to the then current market price, or in negotiated transactions. The Selling Shareholders may effect such transactions by selling the Shares to or through broker-dealers. The Shares may be sold by one or more of the following: (a) a block trade in which the broker-dealer so engaged will attempt to sell the Shares as agent but may position and resell a portion of the block as principal to facilitate the transaction; (b) purchases by a broker-dealer as principal and resale by such broker-dealer for its account pursuant to this Prospectus; (c) an exchange distribution in accordance with the rules of such exchange; (d) ordinary brokerage transactions and transactions in which the broker solicits purchasers and (e) in privately negotiable transactions. To the extent required, this Prospectus may be amended or supplemented from time to time to describe a specific plan of distribution. In effecting sales, broker-dealers engaged by the Selling Shareholders may arrange for other broker-dealers to participate in the resales. In connection with distributions of the Shares or otherwise, the Selling Shareholders may enter into hedging transactions with broker-dealers. In connection with such transactions, broker-dealers may engage in short sales of the Shares in the course of hedging the positions they assume with Selling Shareholders. The Selling Shareholders may also sell Shares short and redeliver the Shares to close out such short positions. The Selling Shareholders may also enter into option or other transactions with broker-dealers which require the delivery to the broker-dealer of the Shares registered hereunder, which the broker-dealer may resell or otherwise transfer pursuant to this Prospectus. The Selling Shareholder may also loan or pledge the Shares registered hereunder to a broker-dealer and the broker-dealer may sell the Shares so loaned or upon a default the broker-dealer may effect sales of the pledged shares pursuant to this prospectus. Broker-dealers or agents may receive compensation in the form of commissions, discounts or concessions from Selling Shareholders and/or the purchasers of the Shares for whom such broker-dealers may act as agents or to whom they sell as principals, or both (which compensation as to a particular broker-dealer might be in excess of customary commissions) in amounts to be negotiated in connection with the sale. Such broker-dealers or agents and any other participating broker-dealers or the Selling Shareholders may be deemed to be "underwriters" within the meaning of the Securities Act in connection with such sales and any such commission, discount or concession may be deemed to be underwriting discounts or commissions under the Securities Act. In addition, any securities covered by this Prospectus which qualify for sale pursuant to Rule 144 may be sold under Rule 144 rather than pursuant to this Prospectus. In order to comply with the securities laws of certain states, if applicable, the Shares will be sold in such jurisdictions only through registered or licensed brokers or dealers. In addition, in certain states the Shares may not be sold unless they have been registered or qualified for sale in the applicable state or an exemption from the registration or qualification requirement is available and is complied with. Under applicable rules and regulations under the Exchange Act, any person engaged in the distribution of the Shares may not simultaneously engage in market making activities with respect to the Common Stock of the Company for a period of two business days prior to the commencement of such distribution. In addition and without limiting the foregoing, each Selling Shareholder will be subject to applicable provisions of the Exchange Act and the rules and regulations thereunder, including, without limitation, Regulation M, which provisions may limit the timing of purchases and sales of shares of the Company's Common Stock by the Selling Shareholders. The Company will make copies of this Prospectus available to the Selling Shareholders and has informed them of the need for delivery of copies of this Prospectus to purchasers at or prior to the time of any sale of the Shares offered hereby. 4. 6 At the time a particular offer of Shares is made, if required, a Prospectus Supplement will be distributed that will set forth the number of Shares being offered and the terms of the offering, including the name of any underwriter, dealer or agent, the purchase price paid by any underwriter, any discount, commission and other item constituting compensation, any discount, commission or concession allowed or reallowed or paid to any dealer, and the proposed selling price to the public. All costs, expenses and fees in connection with the registration of the Shares will be borne by the Company. Commissions and discounts, if any, attributable to the sales of the Shares will be borne by the Selling Shareholders. The Selling Shareholders may agree to indemnify any broker-dealer or agent that participates in transactions involving sales of the Shares against certain liabilities, including liabilities arising under the Securities Act. The Selling Shareholders have agreed to indemnify certain persons including broker-dealers or agents against certain liabilities in connection with the offering of the Shares, including liabilities arising under the Securities Act. 5. 7 SELLING SHAREHOLDERS The following table sets forth the number of shares of Common Stock owned by each of the Selling Shareholders. Except as indicated, none of the Selling Shareholders has had a material relationship with the Company within the past three years other than as a result of the ownership of the Shares or other securities of the Company. Because the Selling Shareholders may offer all or some of the Shares which they hold pursuant to the offering contemplated by this Prospectus, and because there are currently no agreements, arrangements or understandings with respect to the sale of any of the Shares, no estimate can be given as to the amount of Shares that will be held by the Selling Shareholders after completion of this offering. The Shares offered by this Prospectus may be offered from time to time by the Selling Shareholders named below.
Number of Number of Shares Percent of Shares Beneficially Outstanding Registered for Name of Selling Shareholder Owned Shares Sale Hereby(1) - --------------------------- ------------ ----------- -------------- Allen Andersson(2) 186,723 * 186,723 The Applegate and Collatos 1,941 * 1,941 Incorporated Profit Sharing Plan and Trust Kim M. AuBuchon 2,945 * 2,945 David M. Baum 2,019 * 2,019 Caramia LLC 2,426 * 2,426 Brendan Joseph Cassin and 1,941 * 1,941 Isabel B. Cassin, Trustees of the Cassin Family Trust U/D/T dtd 1/31/96 Eagle Ventures, L.L.C.(3) 14,392 * 14,392 Eagle Ventures II, L.L.C.(4) 4,073 * 4,073 IAI U.S. Venture Fund I, L.P.(5) 90,905 * 90,905 IAI U.S. Venture Fund II, L.P.(6) 109,980 * 109,980 Japan Associated Finance Co. 10,044 * 10,044 Ltd. JAFCO G-5 Investment 40,177 * 40,177 Enterprise Partnership U.S. Information Technology 200,888 * 200,888 Investment Partners Robert W. Kaumans 504 * 504 Ian F. Landy(7) 235,652 * 235,652
6. 8
Number of Number of Shares Percent of Shares Beneficially Outstanding Registered for Name of Selling Shareholder Owned Shares Sale Hereby(1) - --------------------------- ------------ ----------- -------------- The Forrest Landy Irrevocable 20,198 * 20,198 Trust The Sebastian Landy Irrevocable 20,198 * 20,198 Trust Karen Landy 20,198 * 20,198 Wai-Kit Li 504 * 504 Donald L. Lucas, Successor 1,941 * 1,941 Trustee, Donald L. Lucas Serge Pashenkov 820 * 820 Sevin Rosen Fund V, L.P.(8) 535,616 * 535,616 Sevin Rosen V Affiliates Fund(9) 22,899 * 22,899 L.P. Sevin Rosen Bayless 2,421 * 2,421 Management Company Gerardo Rosenkranz 1,213 * 1,213 RWI Group, L.P. 5,096 * 5,096 University of California, 4,051 * 4,051 Berkeley Foundation Vanguard V, L.P.(10) 420,889 * 420,889 Lev Volftsun(7) 266,067 * 266,067 Ilona Kirzhner, Trustee of the 15,091 * 15,091 Lana T. Volftsun Irrevocable Trust Ilona Kirzhner, Trustee of the 15,091 * 15,091 Stephanie S. Volftsun Irrevocable Trust Patrick M. Walsh 2,061 * 2,061 Worldview Technology 86,166 * 86,166 Partners, L.P.(11) Worldview Technology 33,583 * 33,583 International, L.P.(12)
7. 9
Number of Number of Shares Percent of Shares Beneficially Outstanding Registered for Name of Selling Shareholder Owned Shares Sale Hereby(1) - --------------------------- ------------ ----------- -------------- Worldview Strategic Partners I, 7,422 * 7,422 L.P.(13) WPG Enterprise Fund II, L.P.(14) 69,436 * 69,436 Weiss, Peck & Greer Venture 57,736 * 57,736 Associates III, L.P.(14) * --------- --------- TOTAL 2,513,307 * 2,513,307
- ---------- * Represents beneficial ownership of less than 1%. (1) This Registration Statement shall also cover any additional shares of Common Stock which become issuable in connection with the shares registered for sale hereby by reason of any stock divided, stock split, recapitalization or other similar transaction effected without the receipt of consideration which results in an increase in the number of the Registrant's outstanding shares of Common Stock. (2) Excludes shares which may be distributed to such person as a distribution in such person's interest in Worldview Technology Partners, L.P. and Worldview Strategic Partners I, L.P. (3) Subsequent to the date of this Prospectus, the shares held by Eagle Ventures, L.L.C. may be distributed to Jeff Applebaum, James Behnke, Jim Beloff, Archie Black, Anthony Daffer, Kip Knelman, Angelina Lawton, Adriana Rahn, Mark Rahn, Noel Rahn, Noel Rahn, Jr., Chris Smith, Jim Sorenson, R. David Spreng, Rich Struthers and Jeffrey Tollefson. (4) Subsequent to the date of this Prospectus, the shares held by Eagle Ventures II, L.L.C. may be distributed to Jeff Applebaum, James Behnke, Jim Beloff, Archie Black, Anthony Daffer, Susan Haedt, Ron Hendricksen, Bill Joas, Kip Knelman, Angelina Lawton, Adriana Rahn, Mark Rahn, Noel Rahn, Noel Rahn Jr., Chris Smith, Jim Sorenson, R. David Spreng, Rich Struthers, Jeffrey Tollefson and Scott Wolf. (5) Subsequent to the date of this Prospectus, the shares held by IAI U.S. Venture Fund I, L.P. may be distributed to Massachusetts Bay Transportation Authority Retirement Fund, TSB Group Pension Trust Limited, Babylone Investment, Cook & Cie Group, Becharo N.V., Overseas International Ltd., Caroline Hunt Trust Estate, Camrose Services, Ltd., Packard Holdings, B.I. Lipworth & Co., Limited, Fidulex Mgmnt\UBP and IAI Ventures, Inc. (General Partner). (6) Subsequent to the date of this Prospectus, the shares held by IAI U.S. Venture Fund II, L.P. may be distributed to Minnesota State Board of Investment, The Permanent University Fund of the State of Texas (UTIMCO), Board of Regents of University of Texas System (UTIMCO), Active International Investment Fund (Daiwa Bank), Massachusetts Bay Transportation Authority Retirement Fund, Pictet & Cie, Polux Investment Corporation, City of Austin Police Retirement System, ADEC Investment L.P. II, Cook & Cie, S.A., Farm Bureau Life Insurance Company, TSB Group Pension Trust Limited, Dain Bosworth, Incorporated, Wisconsin Alumni Research Foundation, Becharo N.V., Arend John Kuijvenhoven, JVK, L.P., Babylone Investment, Caroline Hunt Trust Estate, Phillips Partners, Ltd., Ronald Mankoff, Minneapolis Police Relief Association, Iowa Farm Bureau Federation, Overseas International Ltd., Fidulex Management Inc., BL Investments Limited, Herbert P. Koch Trust, Camrose Services, Ltd., Burstein Hertogs Olsen & McFarland, P.A. Profit Sharing Plan and Trust, Samuel Hertogs, Lawin Enterprises LLC, Paul Colombo, Thomson Family Partners, John E. Lindahl, Rolf C. Dienst, Jochen Wawersic, Paul Ranheim, Todd Peterson, Sean Hill and IAI Ventures, Inc. (General 8. 10 Partner). (7) Excludes shares which may be distributed to such person as a distribution in such person's interest in Worldview Strategic Partners I, L.P. (8) Subsequent to the date of this Prospectus, the shares held by Sevin Rosen Fund V, L.P. may be distributed to Leeway & Company, LACERA, Miami Corporation, St. Paul Fire & Marine Insurance Company, BankAmerica Capital Corporation, Inc., Rho Management Trust I, The Minnesota Mutual Life Insurance Company, Knightsbridge Integrated Holdings II Partnership, The Northern Trust Co. as Trustee of the Vulcan Materials Company Master Pension Trust, Hudson Trust, Kemper Technology Fund, Lawrenceville School, Rolf Stadheim, Esq., JAFCO Co. Ltd, Mellon Trust as Trustee for GMI/DRI Investment Trust, UST Private Equity Investors Fund, Inc., Clark Partners III, L.P., Hunt Financial Corporation, Cutler Oil & Gas Corporation, Paulos Investments, Ltd., State Street Bank & Trust Company as Trustee for Baxter International Inc. & Subsidiaries Pension Trust, Barbara Oil Company, J.F. Shea Company, Inc. as Nominee 1995-23, Standard Mortgage Company, Frank Russell Trust Company as Trustee for Roche Retirement Plans' Master Trust, Carrara Venture Fund, Ltd., L.J. Sevin Benevolent Fund, A. Segal Holdings, Inc., David B. Weinberg, Trustee of the Marjorie G. Weinberg Marital Trust, Polkview Corporation, William and Julie A. Wrigley, Michael Price, James A. Delany III Declaration of Trust 6-9-93, Northern Trust Co. & Frank H. Detweiler as Trustees U/A DTD 06-01-64 w/W.S. McCormack 02-30022, James E. Guth IRA, Silicon Valley Bancshares, Theodore Johnson, Baer Family Partnership, Charles Schroeder, Fourth KDW Partners, John Ochsner, Vertex Partners, L.P., Bali Home LLC, Kent Fuka, Negrin Family Trust - 1996 - u/t/a 11/22/96, McMurtry Family Trust UA 08/04/82, B.J. McMurtry, Trustee, Stephen L. Domenik, Charles H. Phipps, Mary Claire Aschenbrener Phipps, Christopher D. Phipps Trust U/A December 9, 1993, Ann E. Phipps Trust U/A/ December 9, 1993, Charles J. Phipps Trust U/A/ December 10, 1993, Jon W. Bayless, Jennifer Gill Roberts, John V. Jaggers, Stephen M. Dow, C. Eugene Ennis, Imperial Creditcorp, Gorman Children's Trust I, Gorman Children's Trust II, Dennis J. Gorman and SRB Associates V L.P. (9) Subsequent to the date of this Prospectus, the shares held by Sevin Rosen V Affiliates Fund may be distributed to Benjamin M. Rosen, William W. Lattin, Rosetta Stone Corporation, Marver Living Trust dated 12/24/92, Lucas Trust DTD 12-3-84, Kilin To, Ekhard Pfeiffer, Kevin J. McGarity, R. Dale Ross, Eureka Investments, L.P., Morton H. Meyerson, Michael J. Callahan, G. Ward Paxton, David I. Epstein, James E. Bessen, Marc R. Hannah, Theodore Johnson, Lawrence Owen Brown Family Trust U/D/T 10/30/87, David I. Caplan, C. Eugene Ennis, Bass Trust U/D/T dated 4/29/88, Tracy T. Lefteroff, McMurtry Family Trust UA 08/04/82, B.J. McMurtry, Trustee, Max D. Hopper, William D. Jobe, Dixon and Carol Doll Family Trust, Fabbio Family Limited Partnership, George T. Hawley, James I. Cash & Clemmie I. Cash TTEES, William G. Bock, Eric L. Jones, Higgerson Revocable Trust UAD 4/6/90, John W. White, Melvin Sharp, Dick H. Moeller, Jackie R. Kimzey, Robert W. Stearns, Roger W. Roberts, Steven J. Wallach, James H. Van Tassel, Jack S. Kilby, Negrin Family Trust - 1996 - u/t/a 11/22/96, E. Oran Brigham, Selina Y. Lo, Trustee of the Selina Y. Lo Trust U/D/T dated 07/22/97, Thurman John Rodgers, David F. Bellet, MLPF&S CUST FBO Reese S. Terry - IRA A/C# 589-21109, Terrence L. Rock, Kevin C. McDonough, James H. Clardy, Stephen J. Gaal, Tyrone Farrar Pike, Robert J. Paluck, William E. Ladin, Robert V. Gunderson, Grant A. Dove, Jack M. Gill, VLG Investments 1996, Pallab Chatterjee, Thomas S. Huseby, Edward F. West, Craig W. Johnson, DMW Investors '96 LLC, University of Michigan Business School Growth Fund and SRB Associates V L.P. (10) Subsequent to the date of this Prospectus, the shares held by Vanguard V, L.P. may be distributed to Apfelberg Family Trust, Archibald Family Trust, Bass Trust Dated 4/29/88, Paul Buchner, Cassin Family Trust, James Delaney Declaration of Trust dated 6/9/93, Klaus Derge, Dion Family Trust, Richard Driehaus, Herbert Dwight, Equifax, F&W Venture Investors, Walter & Judith Flamenbaum, William E. & Kahala-Ann Gibson, Jason Gill, Jefferson Gill, Jennifer Gill, Tyler Gill, GTLD, Limited, Thomas & Melba Harken, Helzel Kirshman, L.P., Amy Higgerson, Carolyn Higgerson, Higgerson Revocable Living Trust, Investment Advisers, Inc., Japan Associated Finance Company Ltd., Bruce Jenett Money Purchase Pension Plan, Jonathan Lach, Richard Lucas Cancer Foundation, Bruce Mackler, Dennis Maruyama, MGVF II, Ltd., Mrs. Jesse E. Mills, Minnesota Mutual Life Insurance Co., L.P. Moussekido, Negrin Family Trust, Anne Pattee, Gordon Pattee, Pyramide Partnership, L.P., Michael Pytel, Steven Pytel, John Pytel, Stan & Kathryn Pytel, William D. Rau, RBI Partners V, James Reichert, Philip J. Romano, Gerardo Rosenkranz, Ricardo Rosenkranz, Roberto Rosenkranz, Rosetree Partners, Science Futures, Inc., Science Futures Money Purchase Pension Plan, Rich Shapero, Silicon Valley Bancshares, SSB Foundation, Master Trust for Tredegar Industries, Tredegar Investments, United of Omaha Life Insurance Company, United States Trust Company of New York, University of Richmond, University of Tennessee, and Vanguard V Venture Partners, LLC. 9. 11 (11) Subsequent to the date of this Prospectus, the shares held by Worldview Technology Partners, L.P. may be distributed to its General Partner, Worldview Capital I, L.P. and to the following limited partners: Allen Andersson, Bayview Investors Ltd, Board of Trustees Leland Stanford Junior University, The Gary L. & Lynda S. Bridge Family Revocable Trust org. est 9/23/82 as restated 9/19/91, Chancellor LGT Partnership Fund I, L.P., Endowment Venture Partners III, L.P., F & B LLC, FOX Venture Partners, L.P., HB-PGGM Fund I, L.P., Horsley Bridge Retirement Savings Trust, FBO Duane Phillips, Hewlett Packard Deferred Profit Sharing Plan, Horsley Bridge Fund IV, L.P., The S. Philip & Gloria C. Horsley Revocable Family Trust dated 1/23/92, Johnson LLC, Los Angeles County Employee Retirement Association, Gary M. Lauder, Leonard A. Lauder, William P. Lauder, Micro Star Co., Inc., Morgan Investors V, Pantheon USA Fund II Ltd., Private Syndicate Pty Ltd. Trustee for Alternative Investment Private Syndicate, Regents of the University of Michigan, Glyns Nominees Ltd as nominee of the Strathclyde Pension Fund and Washington State Investment Board. (12) Subsequent to the date of this Prospectus, the shares held by Worldview Technology International, L.P. may be distributed to its General Partner, Worldview Capital I, L.P. and to the following limited partners: Ado Electronic Industrial Co., Ltd., Ado Kosan Co., Ltd., Direct International Ltd., Hikari Tsushin, Inc., ITC Ventures II, Inc., Leo Global Fund Class B, Macnica, Inc., Mitsubishi International Corporation, Nissho Electronics Corporation, NVCC No. 1 Investment Enterprise Partnership, Solomon Technology Corporation, UMAX Data Systems, Inc., V. Partner Corporation and Vento LLC. (13) Subsequent to the date of this Prospectus, the shares held by Worldview Strategic Partners I, L.P. may be distributed to its General Partner, Worldview Capital I, L.P. and to the following limited partners: Allen Andersson, Prakash Agarwal, Paul & Evelyn Baran Trust, Christopher Blair, Robert D. Brannon, Michael Caglarcan, Frank Cheng, Tien-Hon Chiag, Dixon & Carol Doll Family Trust, Prabhat K. Dubey, Kamran Elahian, Kenneth B. Fine, Troy A. Griepp, Michael S. Grunewald, C.S. Ho, Frank Huang, Jen-Hsun Huang, Johnson LLC, Jones Living Trust, Alexander S. Kuli, Ian F. Landy, Roger McNamee, McQuillan Consulting Self-Employed Profit Sharing; FBO John McQuillan, Millard Trust U/A dtd 9/23/94, William Miller, Peter T. Morris, Franklin H. Moss, Oak Investment Partners VI, L.P., Oak Affiliates VI Fund, L.P., Arthur Patterson, Greg Reyes, Gregario & Vanessa Reyes Trust UDT 4/22/83, William I. Schrader, Sequoia Capital VII, L.P., Sequoia Technology Partners VII, L.P., Rich Shapero, Paul Sherer, James R. Swartz, Virginia M. Turezyn, Vento LLC, Lev Volftsun, Kevin Wang, Christine West, John Wilczak, Tim A. & Kimberly P. Williams 1996 Trust and Yang Family Trust UDT dated 4/11/94. (14) Subsequent to the date of this Prospectus, the shares held by WPG Enterprise Fund II, L.P. and Weiss, Peck & Greer Venture Associates III, L.P. may be distributed to its General Partners, Phillip Greer, Gill Cogan, Annette Bianchi, Philip D. Black, Barry Eggers, Ellen Feeney, Christopher J. Schaepe, Barry J. Schiffman, Weiss, Peck & Greer, LLC, Monica C. Cammarota Trust, The Karen Barfod Greer Trust, The Elizabeth Greer Trust, James W. Kiley, Peter Nieh, Melissa A. Alves, and to the following limited partners: Teachers' Retirement System of the State of Illinois, BankAmerica Capital Corp., Harris Trust & Savings Bank, Successor Ttee Retirement Plan for CTA Employees, County Employees Annuity & Benefit Fund of Cook County, Denison University, Glenbrook Partners, L.P., The Northern Trust Company, as Ttee for the Illinois Power Retirement Income Trust, MBTA Retirement Fund, Montgomery Ward & Co., Inc. Retirement & Savings Plans Trust, SMI Ventures -'94 L.P., Bankers Trust, Ttee of the Southern Co. System Master Retirement Trust and Westpool Investment Trust PLC. 10. 12 LEGAL MATTERS The validity of the securities offered hereby will be passed upon for the Company by Brobeck, Phleger & Harrison LLP, Palo Alto, California. EXPERTS The consolidated balance sheets as of July 26, 1997 and July 28, 1996 and the consolidated statements of operations, shareholders' equity, and cash flows for each of the three years in the period ended July 26, 1997 incorporated by reference in this prospectus, have been incorporated herein in reliance on the report of Coopers & Lybrand L.L.P., independent accountants, given on the authority of that firm as experts in accounting and auditing. 11. 13 No person has been authorized to give any information or to make any representation in connection with the Offering being made hereby not contained in this Prospectus, and, if given or made, such information or representation must not be relied upon as having been authorized. This Prospectus does not constitute an offer to sell or a solicitation of an offer to buy any of the securities offered hereby in any jurisdiction in which it is unlawful to make such offer or solicitation in such jurisdiction. Neither the delivery of this Prospectus nor any sale made hereunder shall under any circumstances create an implication that information contained herein is correct as of any time subsequent to the date hereof. - ----------------------
TABLE OF CONTENTS Page ---- Available Information.................................................... 2 Incorporation of Certain Documents by Reference.......................... 2 The Company.............................................................. 4 Plan of Distribution..................................................... 4 Selling Shareholders..................................................... 5 Legal Matters............................................................ 10 Experts.................................................................. 10
- ----------------------- CISCO SYSTEMS, INC. 2,513,307 Shares of Common Stock PROSPECTUS 14 PART II INFORMATION NOT REQUIRED IN PROSPECTUS ITEM 14. OTHER EXPENSES OF ISSUANCE AND DISTRIBUTION The following table sets forth the costs and expenses, other than underwriting discounts and commissions, payable by the Company in connection with the sale of Common Stock being registered. All amounts are estimates except the SEC registration fee. SEC Registration fee $49,074 Legal fees and expenses 15,000 Accounting fees and expenses 5,000 Miscellaneous 500 ------- Total $69,574 =======
ITEM 15. INDEMNIFICATION OF DIRECTORS AND OFFICERS Section 317 of the California Corporations Code authorizes a court to award, or a corporation's Board of Directors to grant, indemnity to directors and officers in terms sufficiently broad to permit indemnification (including reimbursement of expenses incurred) under certain circumstances for liabilities arising under the Securities Act. The Registrant's Restated Articles of Incorporation, as amended and Amended Bylaws provide for indemnification of its directors, officers, employees and other agents to the maximum extent permitted by the California Corporations Code. In addition, the Company has entered into Indemnification Agreements with each of its directors and officers. ITEM 16. EXHIBITS 2.1 Agreement and Plan of Merger. 5.1 Opinion of Brobeck, Phleger & Harrison LLP. 23.1 Consent of Independent Accountants. 23.2 Consent of Brobeck, Phleger & Harrison LLP (included in the Opinion of Counsel filed as Exhibit 5.1 hereto). 24.1 Power of Attorney (included on page II-3 of this Registration Statement).
ITEM 17. UNDERTAKINGS The undersigned Registrant hereby undertakes: (1) To file, during any period in which offers or sales are being made, a post-effective amendment to this Registration Statement: (i) to include any prospectus required by section 10(a)(3) of the Securities Act; (ii) to reflect in the prospectus any facts or events arising after the effective date of the Registration Statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the Registration Statement; and (iii) to include any material information with respect to the plan of distribution not previously disclosed in the Registration Statement or any material change to such information in the Registration Statement; provided, however, that (i) and (ii) do not apply if the Registration Statement is on Form S-3 or Form S-8, and the information required to be included in a post-effective amendment by (i) and (ii) is contained in periodic reports filed with or furnished to the Commission by the Registrant pursuant to Section 13 or Section 15(d) of the Exchange Act that are incorporated by reference in the Registration Statement. II-1 15 (2) That, for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof. (3) To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering. Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons of the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a director, officer or controlling person of the Registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue. The undersigned Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of the Registrant's annual report pursuant to Section 13(a) or Section 15(d) of the Exchange Act that is incorporated by reference in the Registration Statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof. II-2 16 SIGNATURES Pursuant to the requirements of the Securities Act of 1933, as amended, the Registrant has duly caused this Amendment No. 1 to the Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized in the City of Santa Clara, State of California, on this 9th day of March, 1998. CISCO SYSTEMS, INC. By /s/ LARRY R. CARTER ----------------------------------- Larry R. Carter, Vice President, Finance and Administration, Chief Financial Officer and Secretary Pursuant to the requirements of the Securities Act of 1933, as amended, this Amendment No. 1 to the Registration Statement has been signed below by the following persons on behalf of the Company and in the capacities and on the dates indicated:
SIGNATURES TITLE DATE - ---------- ----- ---- /s/ John T. Chambers* President, Chief Executive March 9, 1998 - ---------------------------- Officer and Director John T. Chambers (Principal Executive Officer) /s/ Larry R. Carter* Vice President, Finance and March 9, 1998 - ---------------------------- Administration, Chief Financial John T. Chambers Officer and Secretary (Principal Executive Officer) /s/ John P. Morgridge* Chairman of the Board and Director March 9, 1998 - ---------------------------- John P. Morgridge
II-3 17
SIGNATURES TITLE DATE - ---------- ----- ---- /s/ Donald T. Valentine* Director March 9, 1998 - ---------------------------- Donald T. Valentine /s/ James F. Gibbons* Director March 9, 1998 - ---------------------------- James F. Gibbons /s/ Robert L. Puette* Director March 9, 1998 - ---------------------------- Robert L. Puette /s/ Masayoshi Son* Director March 9, 1998 - ---------------------------- Masayoshi Son /s/ Steven M. West* Director March 9, 1998 - ---------------------------- Steven M. West /s/ Edward R. Kozel* Director March 9, 1998 - ---------------------------- Edward R. Kozel /s/ Carol A. Bartz* Director March 9, 1998 - ---------------------------- Carol A. Bartz /s/ James C. Morgan* Director March 9, 1998 - ---------------------------- James C. Morgan /s/ Mary Cirillo* Director March 9, 1998 - ---------------------------- Mary Cirillo /s/ Larry R. Carter - ---------------------------- March 9, 1998 * Larry R. Carter (Attorney-in-fact)
II-4 18 Index to Exhibits -----------------
Exhibit Number Exhibit Title - ------- ------------- 2.1 Agreement and Plan of Merger* 5.1 Opinion of Brobeck, Phleger & Harrison LLP* 23.1 Consent of Independent Accountants 23.2 Consent of Brobeck, Phleger & Harrison LLP (included in the Opinion of Counsel filed as Exhibit 5.1)* 24.1 Power of Attorney (included on page II-3 of this Registration Statement)*
- -------------------- * Previously filed EX-23.1 2 CONSENT OF INDEPENDENT ACCOUNTANTS 1 EXHIBIT 23.1 CONSENT OF INDEPENDENT ACCOUNTANTS We consent to the incorporation by reference in the Registration Statement on Form S-3 of Cisco Systems, Inc. for the registration of 2,513,307 shares of its common stock, of our reports dated August 4, 1997, on our audits of the consolidated financial statements and financial statement schedule of Cisco Systems, Inc. as of July 26, 1997 and July 28, 1996, and for the years ended July 26, 1997, July 28, 1996, and July 30, 1995 which reports are included in the Company's 1997 Annual Report on Form 10-K, filed with the Securities and Exchange Commission. We also consent to the reference to our firm under the caption "Experts." COOPERS & LYBRAND L.L.P. San Jose, California March 6, 1998 -----END PRIVACY-ENHANCED MESSAGE-----