SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
ALTUCHER JAMES ANDREW

(Last) (First) (Middle)
160 BROADWAY 13TH FLOOR

(Street)
NEW YORK NY 10038

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Corporate Resource Services, Inc. [ CRRS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
10/11/2012
4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 10/11/2012 J(1) 1,000,000 A $0.4355 1,000,000 I By Spruce Goose, Inc.(2)
Common Stock 05/08/2013 J(1) 500,000 A $0.4355 1,500,000 I By Spruce Goose, Inc.(2)
Common Stock 07/09/2013 J(1) 200,000 A $0.4355 1,700,000 I By Spruce Goose, Inc.(2)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Common Stock Options $0.4355 10/12/2012 J(3) 83,333 01/31/2013 01/31/2023 Common Stock 83,333 (3) 83,333 I By Spruce Goose, Inc.(2)
Common Stock Options $0.4355 10/12/2012 J(3) 83,333 02/28/2013 01/31/2023 Common Stock 83,333 (3) 166,666 I By Spruce Goose, Inc.(2)
Common Stock Options $0.4355 10/12/2012 J(3) 83,334 03/31/2013 01/31/2023 Common Stock 83,334 (3) 250,000 I By Spruce Goose, Inc.(2)
Common Stock Options $0.4355 10/12/2012 J(3) 83,333 04/30/2013 01/31/2023 Common Stock 83,333 (3) 333,333 I By Spruce Goose, Inc.(2)
Common Stock Options $0.4355 10/12/2012 J(3) 83,333 05/31/2013 01/31/2023 Common Stock 83,333 (3) 416,666 I By Spruce Goose, Inc.(2)
Common Stock Options $0.4355 10/12/2012 J(3) 83,334 06/30/2013 01/31/2023 Common Stock 83,334 (3) 500,000 I By Spruce Goose, Inc.(2)
Common Stock Options $0.4355 10/12/2012 J(3) 83,333 07/31/2013 01/31/2023 Common Stock 83,333 (3) 583,333 I By Spruce Goose, Inc.(2)
Common Stock Options $0.4355 10/12/2012 J(3) 83,333 08/31/2013 01/31/2023 Common Stock 83,333 (3) 616,666 I By Spruce Goose, Inc.(3)
Common Stock Options $0.4355 10/12/2012 J(3) 83,334 09/30/2013 01/31/2023 Common Stock 83,334 (3) 750,000 I By Spruce Goose, Inc.(2)
Common Stock Options $0.4355 10/12/2012 J(3) 83,333 10/13/2013 01/31/2023 Common Stock 83,333 (3) 833,333 I By Spruce Goose, Inc.(2)
Common Stock Options $0.4355 10/12/2012 J(3) 83,333 11/30/2013 01/31/2023 Common Stock 83,333 (3) 916,666 I By Spruce Goose, Inc.(2)
Common Stock Options $0.4355 10/12/2012 J(3) 83,334 12/31/2013 01/31/2023 Common Stock 83,334 (3) 1,000,000 I By Spruce Goose, Inc.(2)
Explanation of Responses:
1. Shares of Corporate Resource Services, Inc. (the "Company") common stock ("Common Stock") granted to Spruce Goose, Inc. ("Spruce Goose") as part of a consulting agreement between Spruce Goose and the Company (the "Consulting Agreement").
2. Spruce Goose is 50% owned by Mr. Altucher and Mr. Altucher that he disclaims beneficial ownership of the securities except to the extent of his ownership of Spruce Goose.
3. Options granted to Spruce Goose to purchase Common Stock as part of the Consulting Agreement.
Remarks:
/s/ James Altucher 08/16/2013
** 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 4 (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).
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