SEC Form 4 · accession 0000877890-17-000081
CITRIX SYSTEMS INC · CTXS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert D Daleo
Director
Period of report
Jun 30, 2017
Accepted (ET)
Jul 5, 2017 · 3:06 pm EDT
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 | Jun 30, 2017 | A | 722 | $0.00 | A | 29,902 | D | |
| Common StockF2 | Jul 3, 2017 | A | 3,173 | $0.00 | A | 33,075 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents fully vested deferred stock units acquired as a result of deferred cash compensation pursuant to the Company's Outside Directors' Deferred Compensation Program.
- F2Grant of restricted stock units that vest in equal monthly installments over a period of one year. The Reporting Person has elected to defer receipt of 100% of the vested units until the Reporting Person's separation from service from the Board of Directors of Citrix Systems, Inc. (the "Company"), pursuant to the Outside Directors Deferred Compensation Program previously established by the Company.
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.