SEC Form 4 · accession 0000877890-18-000195
CITRIX SYSTEMS INC · CTXS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy A. Minahan
Officer — EVP Business Strategy & CMO
Period of report
Dec 21, 2018
Accepted (ET)
Dec 26, 2018 · 6:46 am 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 | Dec 21, 2018 | A | 115 | $0.00 | A | 50,197 | 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,F1 | $0.00 | Dec 21, 2018 | A | 53 | A | — | — | Common Stock | 53 | 12,553 | D |
Explanation of responses
- F1On December 21, 2018, Citrix Systems, Inc ("Citrix") paid a cash dividend of $0.35 per share on each share of its outstanding common stock. The dividend was payable to all holders of Citrix's common stock on the record date, December 7, 2018. The Reporting Person received certain additional restricted stock units as a result of this cash dividend. These additional units are subject to the same conditions regarding vesting and settlement as the underlying restricted stock units to which they relate. Any fractional shares will round up at vesting.
- F2As reported at the time of grant of the underlying restricted stock units, each 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 on the Issuer's total shareholder return, determined at the three-year period ending on March 30, 2019 or upon a change in control of the Issuer.