SEC Form 4 · accession 0001144204-17-040657

CROSSROADS SYSTEMS INC · CRSS

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chief Financial Officer

Period of report

Jul 31, 2017

Accepted (ET)

Aug 4, 2017 · 6:47 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.

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	D/I
Option (right to buy)^F2,F1	$2.81	Jul 31, 2017	D	37,500	D	—	Apr 1, 2027	Common Stock	37,500	D
Option (right to buy)^F2	$5.90	Jul 31, 2017	D	7,000	D	Jun 6, 2017	Jun 6, 2026	Common Stock	7,000	D
Option (right to buy)^F2,F3	$26.80	Jul 31, 2017	D	3,000	D	—	Sep 17, 2025	Common Stock	3,000	D
Option (right to buy)^F2,F4	$45.5906	Jul 31, 2017	D	3,005	D	—	Jan 17, 2024	Common Stock	3,005	D
Option (right to buy)^F2,F5	$45.757	Jul 31, 2017	D	601	D	—	Oct 1, 2024	Common Stock	601	D
Option (right to buy)^F2	$79.0349	Jul 31, 2017	D	751	D	Oct 17, 2015	Oct 17, 2021	Common Stock	751	D
Option (right to buy)^F2	$25.9567	Jul 31, 2017	D	376	D	Aug 25, 2012	Aug 25, 2020	Common Stock	376	D
Option (right to buy)^F2	$25.9567	Jul 31, 2017	D	376	D	Aug 25, 2014	Aug 25, 2020	Common Stock	376	D
Common Stock Warrant (right to buy)^F2	$40.00	Jul 31, 2017	D	43	D	Sep 28, 2013	Mar 28, 2018	Common Stock	43	D

F1The option vests in full on April 1, 2018.
F2These securities were canceled by mutual agreement of the Reporting Person and the Issuer in connection with the Reporting Person's amended retention and severance agreement with the Issuer, dated as of July 31, 2017.
F3The option vests over a two year period until fully vested on September 17, 2017.
F4The option vests quarterly over a four year period until fully vested on January 17, 2018.
F5The option vests quarterly over a four year period until fully vested on October 1, 2018.