SEC Form 4 · accession 0001144204-15-055976
CROSSROADS SYSTEMS INC · CRSS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jennifer Crane
Officer — Chief Financial Officer
Period of report
Sep 17, 2015
Accepted (ET)
Sep 22, 2015 · 6:12 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001093207
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (right to buy)F1 | $1.34 | Sep 17, 2015 | A | 60,000 | A | — | Sep 17, 2025 | Common Stock | 60,000 | 60,000 | D |
Explanation of responses
- F1The options vest over a two year period as follows: 30,000 options on September 17, 2016, and 7,500 options quarterly thereafter until all options are fully vested on September 17, 2017.