CROSSROADS SYSTEMS INC 4
4 · CROSSROADS SYSTEMS INC · Filed Feb 8, 2005
Insider Transaction Report
Form 4
Boles David
Chief Technology Officer
Transactions
- Award
Stock Option (Option to Buy)
2005-01-31+125,000→ 125,000 totalExercise: $1.20Exp: 2015-01-30→ Common Stock (125,000 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 measured from January 25, 2005. The remaining shars vest in 12 equal installmetns upon reporting person's completion of each additonal quuarter of service during the three-year period following January 25, 2006.