Christopher Hylen Form 4 CITRIX SYSTEMS / Christopher Hylen ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Hylen Christopher

(Last) (First) (Middle)

C/O CITRIX SYSTEMS, INC.

851 WEST CYPRESS CREEK ROAD

(Street)

FORT LAUDERDALE FL 33309

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CITRIX SYSTEMS INC [ CTXS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
SVP & GM, Mobility Apps

3. Date of Earliest Transaction (Month/Day/Year)
02/13/2017

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/13/2017		A		26,620(1)	A	$78.78	69,811	D
Common Stock	02/13/2017		F		12,101(2)	D	$78.78	57,710	D
Common Stock	02/13/2017		A		24,254(3)	A	$78.78	81,964	D
Common Stock	02/13/2017		F		12,656(2)	D	$78.78	69,308	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These shares of common stock were issued pursuant to an award of performance-based restricted stock units granted on March 28, 2014, which vested based upon satisfaction of certain performance criteria for the performance period ending on December 31, 2016.

2. Represents the withholding of shares received upon the vesting of restricted stock units to cover the associated tax obligations.

3. These shares of common stock were issued pursuant to an award of performance-based restricted stock units granted October 1, 2015, which vested based upon satisfaction of certain performance criteria for the performance period ending on December 31, 2016.

Remarks:

Each of the reporting person's outstanding restricted stock units were adjusted as a result of the January 31, 2017 distribution by the Issuer to its stockholders of all of the outstanding shares of the common stock of GetGo, Inc. and subsequent merger of GetGo, Inc. with LogMeIn, Inc. The amount of securities beneficially owned following reported transactions, which includes outstanding restricted stock units, is shown on this Form 4 on a post-adjustment basis.

	Antonio G. Gomes, Attorney-In-Fact for Christopher Hylen	02/15/2017
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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