Sec Form 4 Filing - DOW STEPHEN M @ CITRIX SYSTEMS INC - 2014-04-25

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
DOW STEPHEN M
2. Issuer Name and Ticker or Trading Symbol
CITRIX SYSTEMS INC [ CTXS]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O SEVIN ROSEN FUNDS, 13455 NOEL ROAD, SUITE 1670
3. Date of Earliest Transaction (MM/DD/YY)
04/25/2014
(Street)
DALLAS, TX75240
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 04/25/2014 M 7,636 A $ 31.57 11,636 D
Common Stock 04/25/2014 S 7,636 ( 2 ) D $ 60.5 4,000 D
Common Stock 04/28/2014 M 2,364 A $ 31.57 6,364 D
Common 394,518 I ( 3 ) See Footnote
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: 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
Stock Option (Right To Buy) $ 31.57 04/25/2014 M 7,636 07/01/2009( 1 ) 06/01/2014 Common Stock 7,636 $ 0 2,364 D
Stock Option (Right To Buy) $ 31.57 04/28/2014 M 2,364 07/01/2009( 1 ) 06/01/2014 Common Stock 2,364 $ 0 0 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
DOW STEPHEN M
C/O SEVIN ROSEN FUNDS
13455 NOEL ROAD, SUITE 1670
DALLAS, TX75240
X
Signatures
John V. Jaggers, As Attorney-In-Fact For Stephen M. Dow 04/29/2014
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Stock Options vest in equal monthly installments over a period of one year.
( 2 )This sale is made pursuant to a Rule 10b5-1 Plan adopted by the Reporting Person.
( 3 )Total common shares of 394,518 represents 337,016 common shares held by the Dow Family Trust ("Dow Trust"), 50,000 common shares held by Dow Investment L.P. ("Dow Investments") and 7,500 common shares held by Dow Investments I L.P. ("Dow L.P."). Steve Dow ("Dow") is a trustee and beneficiary of the Dow Trust, the General Partner of Dow Investments, and a general partner of Dow L.P. Dow is deemed to have sole dispositive power over the shares with no pecuniary interest.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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