0001144204-15-005670.txt : 20150203 0001144204-15-005670.hdr.sgml : 20150203 20150203185926 ACCESSION NUMBER: 0001144204-15-005670 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20150130 FILED AS OF DATE: 20150203 DATE AS OF CHANGE: 20150203 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: Eberwein Jeffrey E. CENTRAL INDEX KEY: 0001548312 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-15331 FILM NUMBER: 15572897 MAIL ADDRESS: STREET 1: 1048 INDUSTRIAL COURT CITY: SUWANEE STATE: GA ZIP: 30024 4 1 v400326_form4.xml FORM 4 X0306 4 2015-01-30 0 0001093207 CROSSROADS SYSTEMS INC CRDS 0001548312 Eberwein Jeffrey E. 11000 NORTH MOPAC EXPRESSWAY AUSTIN TX 78759 1 0 1 0 Common Stock 2015-01-30 4 P 0 10000 2.3139 A 2966717 I By: Lone Star Value Investors, LP Common Stock 2015-02-02 4 P 0 10000 2.3357 A 2976717 I By: Lone Star Value Investors, LP Common Stock 2015-02-03 4 P 0 10000 2.3552 A 2986717 I By: Lone Star Value Investors, LP Option (Right to buy) 2.33 2015-01-30 4 A 0 10654 0 A 2015-01-30 Common Stock 10654 10654 D The purchases of shares reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan entered into by Lone Star Value Investors, LP on June 17, 2014. The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.29 to $2.375, inclusive. The reporting person undertakes to provide the Securities and Exchange Commission, upon request, further information regarding the number of shares purchased at each separate price such shares were purchased. Shares are held of record by Lone Star Value Investors, LP. Lone Star Value Investors GP, LLC is the general partner of, and controls, Lone Star Value Investors, LP. Lone Star Value Management, LLC exercises contractual voting and investment control over securities held by Lone Star Value Investors, LP. Mr. Eberwein is the managing member of Lone Star Value Management, LLC and exercises indirect voting and investment control over these securities. Mr. Eberwein disclaims beneficial ownership of these shares of the Issuer's common stock except to the extent of any pecuniary interest therein, and the filing of this report is not an admission that Mr. Eberwein is the beneficial owner of these shares for purposes of Section 16 or for any other purpose. The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.30 to $2.37, inclusive. The reporting person undertakes to provide the Securities and Exchange Commission, upon request, further information regarding the number of shares purchased at each separate price such shares were purchased. The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.31 to $2.40, inclusive. The reporting person undertakes to provide the Securities and Exchange Commission, upon request, further information regarding the number of shares purchased at each separate price such shares were purchased. The option shall vest in full on January 30, 2016, subject to continuous board service. /s/ Jennifer Crane, Attorney-in-Fact 2015-02-03