SEC Form 4 · accession 0001144204-15-045250
CROSSROADS SYSTEMS INC · CRSS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark C Hood
Officer — Executive Vice President
Period of report
Jul 28, 2015
Accepted (ET)
Jul 30, 2015 · 5:23 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 Stock | Jul 28, 2015 | M | 2,000 | $1.25 | A | 48,739 | D | |
| Common StockF1 | holding | — | — | — | 10,870 | I | By: MCH Advisors,Inc. |
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) | $1.25 | Jul 28, 2015 | M | 4,000 | D | Jul 7, 2015 | Jul 28, 2015 | Common Stock | 2,000 | 0 | D |
Explanation of responses
- F1Shares are held by MCH Advisors, Inc. ("MCH"). Mr. Hood, who together with his spouse is the sole shareholder of MCH, shares voting and dispositive power over the shares held by MCH. Mr. Hood disclaims beneficial ownership of the shares held by MCH except to the extent of his pecuniary interest therein.