SEC Form 4 · accession 0000877890-17-000016
CITRIX SYSTEMS INC · CTXS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher Hylen
Officer — SVP & GM, Mobility Apps
Period of report
Feb 13, 2017
Accepted (ET)
Feb 15, 2017 · 1:07 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 | Feb 13, 2017 | A | 26,620 | $78.78 | A | 69,811 | D | |
| Common StockF2 | Feb 13, 2017 | F | 12,101 | $78.78 | D | 57,710 | D | |
| Common StockF3 | Feb 13, 2017 | A | 24,254 | $78.78 | A | 81,964 | D | |
| Common StockF2 | Feb 13, 2017 | F | 12,656 | $78.78 | D | 69,308 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares of common stock were issued pursuant to an award of performance-based restricted stock units granted on March 28, 2014, which vested based upon satisfaction of certain performance criteria for the performance period ending on December 31, 2016.
- F2Represents the withholding of shares received upon the vesting of restricted stock units to cover the associated tax obligations.
- F3These shares of common stock were issued pursuant to an award of performance-based restricted stock units granted October 1, 2015, which vested based upon satisfaction of certain performance criteria for the performance period ending on December 31, 2016.
Remarks
Each of the reporting person's outstanding restricted stock units were adjusted as a result of the January 31, 2017 distribution by the Issuer to its stockholders of all of the outstanding shares of the common stock of GetGo, Inc. and subsequent merger of GetGo, Inc. with LogMeIn, Inc. The amount of securities beneficially owned following reported transactions, which includes outstanding restricted stock units, is shown on this Form 4 on a post-adjustment basis.