A year after John C. Burris was hired as senior vice president of Citrix Systems, the company’s compensation committee granted him options for 42,000 shares of company stock valued at $15.69 a share, according to court documents.
The stock option grant was dated July 24, 2000. Just 15 days later, the Fort Lauderdale, Fla., software company’s stock traded on Nasdaq at $18.25 a share, giving Burris a $107,520 windfall on paper.
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