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Filing Details

Accession Number:: 0000877890-10-000109
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2010-06-16 13:00:00
Reporting Period:: 2010-06-14

Filing Date:: 2010-06-16
Accepted Time:: 2010-06-16 15:13:22
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 & Gm, Virtualization & Mgt	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	2010-06-14	15,629	$20.09	46,467	No	4	M	Direct
Common Stock	Disposition	2010-06-14	15,629	$44.34	30,838	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Direct
No	4	S	Direct

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)	Disposition	2010-06-14	15,629	$0.00	15,629	$20.09

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
21,871	2010-03-02	2014-03-02	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	114	Indirect	By The Summit Family Trust
Common Stock	2,692	Indirect	The Peter Levine Children's Trust FBO Tatym A. Levine UAD 12/30/2008
Common Stock	2,692	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.
These shares were sold in multiple transactions. This price represents the weighted average sales price per share; the actual sale prices per share range from $44.065 to $44.57. The Reporting Person hereby undertakes to provide upon request by the staff of the Securities and Exchange Commission, Citrix Systems, Inc. or any security holders of Citrix Systems, Inc., full information regarding the number of shares sold at each separate price.
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.
These 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.