CITRIX SYSTEMS INC 4
4 · CITRIX SYSTEMS INC · Filed Mar 30, 2016
Insider Transaction Report
Form 4
Sartorius Carlos
SVP, Sales & Services
Transactions
- Tax Payment
Common Stock
2016-03-28$76.60/sh−577$44,198→ 57,746 total - Tax Payment
Common Stock
2016-03-29$78.00/sh−1,048$81,744→ 56,698 total - Award
Common Stock
2016-03-30+27,500→ 27,500 totalExercise: $0.00→ Common Stock (27,500 underlying) - Award
Common Stock
2016-03-30+27,500→ 84,198 total
Footnotes (3)
- [F1]Represents the withholding of shares received upon the vesting of restricted stock units to cover the associated tax obligations.
- [F2]These shares of common stock are issuable pursuant to awards of restricted stock units that vest in three annual installments, with 33.4% vesting on the first anniversary of the grant date and 33.3% vesting on each of the second and third anniversaries of the grant date.
- [F3]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.