SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Titterton Lewis H jr

(Last) (First) (Middle)
C/O ITUS CORPORATION
12100 WILSHIRE BOULEVARD, SUITE 1275

(Street)
LOS ANGELES CA 90025

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
07/17/2017
3. Issuer Name and Ticker or Trading Symbol
ITUS Corp [ ITUS ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 782,144 D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Options (Right to Buy)(1) 11/30/2013 11/30/2017 Common Stock 2,400 $2.58 D
Employee Stock Options (Right to Buy)(1) 11/08/2016 11/08/2023 Common Stock 120,000 $2.58 D
Employee Stock Options (Right to Buy)(1) 12/31/2014 12/31/2023 Common Stock 16,000 $2.58 D
Employee Stock Options (Right to Buy)(1) 12/31/2015 01/02/2025 Common Stock 16,000 $2.58 D
Employee Stock Options (Right to Buy)(1) 12/31/2016 01/14/2026 Common Stock 16,000 $2.92 D
Employee Stock Options (Right to Buy)(1) (2) 07/17/2027 Common Stock 6,000 $0.82 D
Employee Stock Options (Right to Buy)(3) 09/19/2014 09/19/2022 Common Stock 30,000 $2.58 D
Employee Stock Options (Right to Buy)(3) 02/15/2015 02/15/2023 Common Stock 40,000 $2.58 D
Employee Stock Options (Right to Buy)(3) 12/31/2013 12/31/2022 Common Stock 16,000 $2.58 D
Common Stock Purchase Warrant(4) 07/15/2014 07/15/2019 Common Stock 2,000 $10 D
Explanation of Responses:
1. Right-To-Buy pursuant to the ITUS Corporation 2010 Share Incentive Plan.
2. The option vests and becomes exercisable 50% on September 30, 2017 and 50% on December 31, 2017.
3. Right-To-Buy pursuant to stock options that were not granted under the ITUS Corporation 2010 Share Incentive Plan.
4. Pursuant to a public offering by ITUS Corporation in July 2014.
/s/Lewis H. Titterton, Jr. 07/25/2017
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.