SEC Form 4 · accession 0000877890-16-000177
CITRIX SYSTEMS INC · CTXS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kirill Tatarinov
Officer — CEO & PRESIDENT · Director
Period of report
Jan 25, 2016
Accepted (ET)
Jan 27, 2016 · 4:59 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000877890
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 25, 2016 | A | 118,588 | $0.00 | A | 118,588 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common StockF2 | $0.00 | Jan 25, 2016 | A | 220,235 | A | — | — | Common Stock | 220,235 | 220,235 | D |
Explanation of responses
- F1Grant of restricted shares that vest in 12 quarterly installments as follows: 9,882 restricted shares shall vest on April 1, 2016, 9,882 restricted shares shall vest on the first business day of each succeeding third month thereafter.
- F2Each performance-based restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The performance-based units vest based upon the Issuer's total shareholder return, determined at the three-year period ending on January 24, 2019 or upon a change in control of the Issuer.