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 OF SECURITIES 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 (Month/Day/Year) 10/31/2007 (Street) DALLAS, TX 75240 4. If Amendment, Date Original Filed(Month/Day/Year) 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 (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 10/31/2007   P   2,400 A $ 42.499 263,328 (1) I See Footnote 1 Common Stock 11/01/2007   A   3,333 (2) A $ 0 6,666 D   Common Stock               1,147,479 (3) I See Footnote 3 Common Stock               22,819 (4) I See Footnote 4 Common Stock               17 (5) I See Footnote 5

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

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 (Month/Day/Year)

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

$ 42.62

11/01/2007

A

10,000

12/01/2007(6)

11/01/2017

Common Stock

10,000

$ 0

10,000

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, TX 75240	X

Signatures

John V. Jaggers, As Attorney-In-Fact		11/02/2007
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Shares are held by the Dow Family Trust (the "Dow Trust"). Stephen M Dow ("Dow") is a trustee and beneficiary of the Dow Trust. Includes 1,912 shares received as a distribution for no consideration from Sevin Rosen IX Affiliates Fund L.P. ("SRIX AFF") to its partners on October 29, 2007.
(2)	The 3,333 shares of Common Stock are in connection with the grant of restricted stock units that vest in equal monthly installments over a period of one year.
(3)	Reflects the distribution of 542,732 shares for no consideration from Sevin Rosen Fund IX L.P. ("SRFIX") to its partners on October 29, 2007. In prior reports, the Reporting Person reported beneficial ownership of 1,690,211 shares of Citrix Common Stock held by SRFIX. Reporting Person is a managing member of SRB Associates IX L.L.C., the general partner of SRB Associates IX L.P. ("SRBA IX", the general partner of SRFIX. Reporting Person disclaims beneficial ownership of thes shares except to the extent of his pecuniary interest therein.
(4)	Reflects the distribution of 10,794 shares for no consideration from SRIX AFF to its partners on October 29, 2007. In prior reports, the Reporting Person reported beneficial ownership of 33,613 shares of Citrix Common Stock held by SRIX AFF. Reporting Person is a managing member of SRB Associates IX L.L.C., the general partner of SRBA IX, the general partner of SRIX AFF. Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
(5)	Reflects the distribution of 17 shares for no consideration from SRIX AFF to SRBA IX on October 29, 2007.
(6)	Stock options vest and are exercisable in equal monthly installments over a period of one year.

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