SEC Form 4 · accession 0001144204-15-045246
CROSSROADS SYSTEMS INC · CRSS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard Kenneth Coleman Jr.
Officer — President & CEO · Director
Period of report
Jul 28, 2015
Accepted (ET)
Jul 30, 2015 · 5:19 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001093207
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jul 28, 2015 | M | 5,434 | $1.25 | A | 16,303 | I | By: RKC Investments, LLC |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Subscription Rights (right to buy)F1 | $1.25 | Jul 28, 2015 | M | 10,869 | D | Jul 7, 2015 | Jul 28, 2015 | Common Stock | 5,434 | 0 | I |
Explanation of responses
- F1Shares are held of record by RKC Investments, LLC. Mr. Coleman may be deemed to exercise indirect voting and investment control over these securities. Mr. Coleman disclaims beneficial ownership of these shares of the Issuer's common stock except to the extent of any pecuniary interest therein, and the filing of this report is not an admission that Mr. Coleman is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.