Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT 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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(Print or Type Responses)
1. Name and Address of Reporting Person *
JUSTICE RICHARD J
  2. Issuer Name and Ticker or Trading Symbol
CISCO SYSTEMS INC [CSCO]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
EVP, WW Oper & Bus Dev
(Last)
(First)
(Middle)
170 WEST TASMAN DRIVE
3. Date of Earliest Transaction (Month/Day/Year)
11/15/2007
(Street)

SAN JOSE, CA 95134
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/15/2007   M(1)   4,167 A $ 9.749 84,167 D  
Common Stock 11/15/2007   M(1)   8,334 A $ 13.04 92,501 D  
Common Stock 11/15/2007   M(1)   20,000 A $ 19.59 112,501 D  
Common Stock 11/15/2007   M(1)   23,333 A $ 19.18 135,834 D  
Common Stock 11/15/2007   M(1)   17,500 A $ 17.86 153,334 D  
Common Stock 11/15/2007   S(1)   9,376 D $ 29.57 143,958 D  
Common Stock 11/15/2007   S(1)   18,351 D $ 29.56 125,607 D  
Common Stock 11/15/2007   S(1)   4,100 D $ 29.55 121,507 D  
Common Stock 11/15/2007   S(1)   1,309 D $ 29.52 120,198 D  
Common Stock 11/15/2007   S(1)   2,600 D $ 29.51 117,598 D  
Common Stock 11/15/2007   S(1)   15,998 D $ 29.5 101,600 D  
Common Stock 11/15/2007   S(1)   12,000 D $ 29.49 89,600 D  
Common Stock 11/15/2007   S(1)   4,300 D $ 29.48 85,300 D  
Common Stock 11/15/2007   S(1)   5,300 D $ 29.47 80,000 D  
Common Stock               30,234 (2) I by the 1990 Justice Family Trust

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (right to buy) $ 9.749 11/15/2007   M(1)     4,167 10/10/2003(3) 10/10/2011 Common Stock 4,167 $ 0 0 D  
Non-Qualified Stock Option (right to buy) $ 13.04 11/15/2007   M(1)     8,334 04/10/2004(3) 04/10/2012 Common Stock 8,334 $ 0 20,833 D  
Non-Qualified Stock Option (right to buy) $ 19.59 11/15/2007   M(1)     20,000 09/02/2004(3) 09/02/2012 Common Stock 20,000 $ 0 100,000 D  
Non-Qualified Stock Option (right to buy) $ 19.18 11/15/2007   M(1)     23,333 08/23/2005(3) 08/23/2013 Common Stock 23,333 $ 0 256,667 D  
Non-Qualified Stock Option (right to buy) $ 17.86 11/15/2007   M(1)     17,500 09/29/2006(3) 09/29/2014 Common Stock 17,500 $ 0 306,250 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
JUSTICE RICHARD J
170 WEST TASMAN DRIVE
SAN JOSE, CA 95134
      EVP, WW Oper & Bus Dev  

Signatures

 /s/ Richard J. Justice by Evan Sloves, Attorney-in-Fact   11/16/2007
**Signature of Reporting Person Date

Explanation of Responses:

* 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 May 14, 2007.
(2) Includes 20,774 shares previously reported as owned directly by the reporting person that were transferred to the 1990 Justice Family Trust and became owned indirectly.
(3) The option vests as to twenty percent (20%) of the shares on the one (1) year anniversary of the grant date, and as to the remaining eighty percent (80%) of the shares thereafter in forty-eight (48) successive equal monthly installments.

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