Key facts
- This page summarizes Hector Lima's Form 4 filing for CITRIX SYSTEMS INC.
- 3 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 03 Oct 2022, 09:32.
Hector Lima - 30 Sep 2022 Form 4 Insider Report for CITRIX SYSTEMS INC
- Reporting relationship
- EVP, Chief Customer Officer
- Issuer ticker
- N/A
- Reported as of
- 30 Sep 2022
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 03 Oct 2022, 09:32:09 UTC
- Prior SEC filing
- 03 Aug 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Antonio G. Gomes, Attorney-in-Fact for Hector Lima
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Hector Lima filed Form 4 for CITRIX SYSTEMS INC on 03 Oct 2022.
Change
- Previous filing in this sequence was filed on 03 Aug 2022.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
CTXS
transaction
Common Stock
Disposed to Issuer
- Transaction value
- Shares
- -38,893
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 30 Sep 2022
- Ownership
- Direct
- Footnotes
- F1, F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
CTXS
transaction
Derivative
Restricted Stock Units
Award
- Transaction value
- Shares
- +37,078
- Change %
- Price
- Shares after
- 37,078
- Date
- 30 Sep 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 37,078
- Exercise price
- $0.000000
- Footnotes
- F3
CTXS
transaction
Derivative
Restricted Stock Units
Disposed to Issuer
- Transaction value
- Shares
- -37,078
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 30 Sep 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 37,078
- Exercise price
- $0.000000
- Footnotes
- F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Hector Lima is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 3 footnotes
Footnote F1
Pursuant to the Agreement and Plan of Merger, dated as of January 31, 2022 (the "Merger Agreement"), by and among the Issuer, Picard Parent, Inc. ("Parent"), Picard Merger Sub, Inc., a direct wholly owned subsidiary of Parent ("Merger Sub"), and for certain limited purposes detailed in the Merger Agreement, TIBCO Software Inc., Merger Sub merged with and into the Issuer on September 30, 2022, with the Issuer surviving as a wholly owned subsidiary of Parent (the "Merger"). At the effective time of the Merger (the "Effective Time"), each outstanding share of Issuer common stock was automatically converted into the right to receive cash in the amount of $104.00, without interest and less any applicable withholding taxes.
Footnote F2
A portion of this amount consists of Issuer restricted stock units with time-based vesting only that were previously reported in Table I. Pursuant to the Merger Agreement, as of the Effective Time, each such outstanding restricted stock unit award was automatically converted into a cash award with respect to an aggregate amount of cash equal to the product obtained by multiplying (i) the number of shares of Issuer common stock subject to such award by (ii) $104.00, which cash award remains subject to generally the same terms as the corresponding equity award.
Footnote F3
Pursuant to the applicable award agreements, the performance-based conditions of each outstanding performance restricted stock unit award were deemed satisfied at the maximum level of achievement for any performance period not completed as of immediately prior to the Effective Time. Pursuant to the Merger Agreement, as of the Effective Time, each such outstanding performance restricted stock unit award was automatically converted into a cash award with respect to an aggregate amount of cash equal to the product obtained by multiplying (i) the number of shares of Issuer common stock subject to such award that were deemed earned by (ii) $104.00, which cash award remains subject to generally the same terms as the corresponding equity award.