SIMS ROBERT C 4
4 · CROSSROADS SYSTEMS INC · Filed Oct 2, 2003
Insider Transaction Report
Form 4
SIMS ROBERT C
President and CEO
Transactions
- Award
Stock Option (Right to Buy)
2003-09-30+125,000→ 468,374 totalExercise: $2.43Exp: 2013-09-29→ Common Stock (125,000 underlying) - Award
Stock Option (Right to Buy)
2003-02-12+50,000→ 293,374 totalExercise: $1.14Exp: 2013-02-11→ Common Stock (50,000 underlying) - Award
Stock Option (Right to Buy)
2003-08-21+50,000→ 343,374 totalExercise: $1.87Exp: 2013-08-20→ Common Stock (50,000 underlying)
Footnotes (1)
- [F1]The option is exercisable as it vests. The option vests as to 25% of the shares after reporting person's completion of one year of service with Issuer. The remaining shares vest in 12 equal installments upon reporting person's completion of each additional quarter of service during the following three-year period.