Current Report Filing (8-k)
February 26 2015 - 5:04PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
February 23, 2015
CITRIX
SYSTEMS, INC.
(Exact Name of Registrant as Specified in Charter)
|
|
|
|
|
Delaware |
|
0-27084 |
|
75-2275152 |
(State or Other Jurisdiction
of Incorporation) |
|
(Commission
File Number) |
|
(IRS Employer
Identification No.) |
|
|
|
851 West Cypress Creek Road
Fort Lauderdale, Florida |
|
33309 |
(Address of Principal Executive Offices) |
|
(Zip Code) |
Registrants telephone number, including area code: (954) 267-3000
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing
obligation of the registrant under any of the following provisions (see General Instructions A.2.):
¨ |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 5.02 |
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
In connection with a reorganization, Sudhakar Ramakrishna, Senior Vice President and General Manager, Enterprise and Service Provider Division,
of Citrix Systems, Inc. (Citrix), has decided to leave Citrix. Citrix has eliminated the role of Senior Vice President and General Manager, Enterprise and Service Provider Division. Mr. Ramakrishna has agreed to remain as an
employee of Citrix to provide transitional advisory services to the company through May 31, 2015 as Citrixs Senior Vice President, Products. As a result of these changes, Mr. Ramakrishna ceased to serve as an executive officer (as
such term is defined in Rule 3b-7 of the Securities Exchange Act of 1934) of Citrix effective February 26, 2015.
In addition to receiving his current compensation and benefits during the transition period, and pursuant to a mutual separation and release
agreement entered into between Mr. Ramakrishna and Citrix on February 25, 2015, Citrix agreed to pay Mr. Ramakrishna separation compensation payments equal to his current base salary for the period from his termination date through
May 31, 2016 and his current annual target variable cash compensation amount.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
|
|
|
|
|
|
|
|
|
|
|
CITRIX SYSTEMS, INC. |
|
|
|
|
Date: February 26, 2015 |
|
|
|
By: |
|
/s/ David J. Henshall |
|
|
|
|
Name: |
|
David J. Henshall |
|
|
|
|
Title: |
|
Executive Vice President, Chief Operating Officer and Chief Financial Officer |
Citrix Systems (NASDAQ:CTXS)
Historical Stock Chart
From Mar 2024 to Apr 2024
Citrix Systems (NASDAQ:CTXS)
Historical Stock Chart
From Apr 2023 to Apr 2024