0001144204-15-017587.txt : 20150320
0001144204-15-017587.hdr.sgml : 20150320
20150320182429
ACCESSION NUMBER: 0001144204-15-017587
CONFORMED SUBMISSION TYPE: 3
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20150312
FILED AS OF DATE: 20150320
DATE AS OF CHANGE: 20150320
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: CROSSROADS SYSTEMS INC
CENTRAL INDEX KEY: 0001093207
STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER PERIPHERAL EQUIPMENT, NEC [3577]
IRS NUMBER: 742846643
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1031
BUSINESS ADDRESS:
STREET 1: 11000 NORTH MOPAC EXPRESSWAY
CITY: AUSTIN
STATE: TX
ZIP: 78759
BUSINESS PHONE: 5123490300
MAIL ADDRESS:
STREET 1: 11000 NORTH MOPAC EXPRESSWAY
STREET 2: .
CITY: AUSTIN
STATE: TX
ZIP: 78759
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: HOOD MARK C
CENTRAL INDEX KEY: 0001636999
FILING VALUES:
FORM TYPE: 3
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-15331
FILM NUMBER: 15717338
MAIL ADDRESS:
STREET 1: C/O CROSSROADS SYSTEMS, INC.
STREET 2: 11000 N. MOPAC EXPRESSWAY #150
CITY: AUSTIN
STATE: TX
ZIP: 78759
3
1
v405136_3.xml
FORM 3
X0206
3
2015-03-12
0
0001093207
CROSSROADS SYSTEMS INC
CRDS
0001636999
HOOD MARK C
C/O CROSSROADS SYSTEMS, INC.
11000 N. MOPAC EXPRESSWAY #150
AUSTIN
TX
78759
0
1
0
0
Executive Vice President
Common Stock
46739
D
Common Stock
10870
I
By: MCH Advisors, Inc.
Option (right to buy)
2.95
2022-12-12
Common Stock
10000
D
Option (right to buy)
2.22
2023-01-31
Common Stock
30000
D
Option (right to buy)
2.1
2023-06-13
Common Stock
50000
D
Option (right to buy)
2.75
2024-10-01
Common Stock
90000
D
Common Stock Warrants (right to buy)
2.76
2020-01-30
Common Stock
5435
D
Shares 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.
The options are fully vested.
The options vest over a four year period as follows: 7,500 options vested on January 31, 2014, and 1,875 options vest quarterly thereafter until all options are fully vested on January 31, 2017.
The options vest over a two year period as follows: 12,500 options vested on December 13, 2013, and 6,250 options vest quarterly thereafter until all options are fully vested on June 13, 2015.
The options vest over a four year period as follows: 22,500 options vest on October 1, 2015, and 5,625 options vest quarterly thereafter until all options are fully vested on October 1, 2018.
The warrants reported herein are exercisable beginning July 30, 2015, subject to certain ownership limitations set forth therein.
/s/ Mark C. Hood
2015-03-20