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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.11+0.9%Nov 21 9:30 AM EST

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To: Dennis Doubleday who wrote (63574)4/16/2003 7:27:38 PM
From: Lizzie Tudor  Read Replies (1) of 77400
 
Cisco has said at more than one conference call that they allocate less than 4% of total grant to upper officers. I'm not sure who that upper tier consists of, but apparently most really successful companies in technology follow the same guidelines, this would be msft and friends.

Right or wrong cisco has 7 billion shares outstanding so this grant is a fairly modest amt to allocate to a top CEO based on % shares outstanding.

average of 60K options each to my top 1000 sales people and engineers

Probably not enough, 1000 out of 16K employees, you can't get enough of the leaders with only 1000.
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