SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Citrix Systems (CTXS) -- Ignore unavailable to you. Want to Upgrade?


To: jkb who wrote (5591)5/3/1998 12:06:00 PM
From: MikeM54321  Read Replies (1) | Respond to of 9068
 
Does anyone have any information as to why the acting President of Citrix Systems, Mark Templeton, raised this much money by selling almost all his shares:
3/98 sold $546,875
10/97 sold $1,930,000
6/97 sold $386,250

At this point he only has a very small number of shares. Almost a token amount of 684 shares. His selling almost all of his ownership seems a little out of line. How can shareholders remain confident if the President doesn't seem to have much confidence?

Is he going to remain "President?" Does he have options for more shares that don't show up as "remaining shares?" I don't get it? Can anyone shed some light on this.
Thanks,
MikeM(From Florida)