Filing Details
- Accession Number:
- 0000877890-10-000006
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-02-02 12:00:00
- Reporting Period:
- 2010-01-29
- Filing Date:
- 2010-02-02
- Accepted Time:
- 2010-02-02 20:31:11
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
877890 | Citrix Systems Inc | CTXS | Services-Prepackaged Software (7372) | 752275152 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1416237 | Peter Levine | C/O Citrix Systems, Inc. 851 West Cypress Creek Road Fort Lauderdale FL 33309 | Svp, Datacenter & Cloud Div | No | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2010-01-29 | 66,208 | $0.72 | 72,911 | No | 4 | M | Direct | |
Common Stock | Acquisiton | 2010-01-29 | 83,792 | $3.27 | 156,703 | No | 4 | M | Direct | |
Common Stock | Disposition | 2010-01-29 | 150,000 | $41.64 | 6,703 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | M | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Stock Option (Right to Buy) | Disposition | 2010-01-29 | 66,208 | $0.00 | 66,208 | $0.72 |
Common Stock | Stock Option (Right to Buy) | Disposition | 2010-01-29 | 83,792 | $0.00 | 83,792 | $3.27 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
198,621 | 2008-10-19 | 2012-10-19 | No | 4 | M | Direct |
143,675 | 2008-10-19 | 2012-10-19 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 1,184 | Indirect | By The Summit Family Trust |
Common Stock | 2,157 | Indirect | The Peter Levine Children's Trust FBO Tatym A. Levine UAD 12/30/2008 |
Common Stock | 2,157 | Indirect | The Peter Levine Children's Trust FBO Oliver T. Levine UAD 12/30/2008 |
Footnotes
- The sales reported in this Form 4 were made pursuant to a Rule 10b5-1 plan adopted by the Reporting Person.
- The shares sold on this date were sold in multiple transactions. This price is the weighted average sales price per share of all shares sold on this date; the actual sale prices per share range from $41.06 to $42.21.
- Shares received as merger consideration by SP Partners Investment LP pursuant to the acquisition of XenSource, Inc. by Citrix Systems, Inc. and distributed to The Summit Family Trust ("Summit"), an entity of which the reporting person is the trustee and has voting and dispositive power. The reporting person disclaims beneficial ownership with respect to shares held by Summit, except to the extent of his pecuniary interest therein.
- These shares are held in a trust for the benefit of the reporting person's children. The reporting person's spouse is trustee of the trust. The reporting person disclaims beneficial ownership with respect to shares held by The Peter Levine Children's Trust FBO Tatym A. Levine UAD 12/30/2008, except to the extent of his pecuniary interest therein.
- These shares are held in a trust for the benefit of the reporting person's children. The reporting person's spouse is trustee of the trust. The reporting person disclaims beneficial ownership with respect to shares held by The Peter Levine Children's Trust FBO Oliver T. Levine UAD 12/30/2008, except to the extent of his pecuniary interest therein.
- Stock options vest at a rate of 1/3 of the shares underlying the stock option one year from the date of grant and at a rate of 1/36 monthly thereafter.