SEC Form 4 · accession 0001144204-15-059279
CROSSROADS SYSTEMS INC · CRSS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian Joseph Bianchi
Officer — CHIEF OPERATING OFFICER
Period of report
Oct 12, 2015
Accepted (ET)
Oct 13, 2015 · 6:22 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 StockF2 | Oct 12, 2015 | S | 2,700 | $1.367 | D | 116,844 | D | |
| Common StockF3 | Oct 13, 2015 | S | 6,300 | $1.3431 | D | 110,544 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Sale of shares pursuant to pre-established Rule 10b5-1(c) trading plan, adopted January 8, 2015.
- F2The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.35 to $1.39, inclusive. The reporting person undertakes to provide the Issuer and any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, further information regarding the number of shares sold at each separate price such shares were sold.
- F3The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.33 to $1.37, inclusive. The reporting person undertakes to provide the Issuer and any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, further information regarding the number of shares sold at each separate price such shares were sold.