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Filing Details

Accession Number:: 0000877890-10-000071
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2010-04-27 13:00:00
Reporting Period:: 2010-04-23

Filing Date:: 2010-04-27
Accepted Time:: 2010-04-27 17:08:24
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

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2010-04-23	66,207	$0.72	97,045	No	4	M	Direct
Common Stock	Acquisiton	2010-04-23	83,793	$3.27	180,838	No	4	M	Direct
Common Stock	Disposition	2010-04-23	150,000	$48.55	30,838	No	4	S	Direct
Common Stock	Disposition	2010-04-26	1,070	$0.00	114	No	5	G	Indirect	By The Summit Family Trust
Common Stock	Acquisiton	2010-04-26	535	$0.00	2,692	No	5	G	Indirect	The Peter Levine Children's Trust FBO Tatym A. Levine UAD 12/30/2008
Common Stock	Acquisiton	2010-04-26	535	$0.00	2,692	No	5	G	Indirect	The Peter Levine Children's Trust FBO Oliver T. Levine UAD 12/30/2008

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Direct
No	4	M	Direct
No	4	S	Direct
No	5	G	Indirect	By The Summit Family Trust
No	5	G	Indirect	The Peter Levine Children's Trust FBO Tatym A. Levine UAD 12/30/2008
No	5	G	Indirect	The Peter Levine Children's Trust FBO Oliver T. Levine UAD 12/30/2008

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Stock Option (Right to Buy)	Acquisiton	2010-04-23	66,207	$0.00	66,207	$0.72
Common Stock	Stock Option (Right to Buy)	Acquisiton	2010-04-23	83,793	$0.00	83,793	$3.27

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
132,414	2008-10-19	2012-10-19	No	4	M	Direct
59,882	2008-10-19	2012-10-19	No	4	M	Direct

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 $48.14 to 48.92.
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.