X0202 3 2004-12-01 0 0001093207 CROSSROADS SYSTEMS INC CRDS 0001310607 Bianchi Brian Joseph 8300 N. MOPAC EXPRESSWAY AUSTIN TX 78759 0 1 0 0 VP Common Stock 56311 D Stock Option (Option to Buy) 4.5625 2010-07-30 Common Stock 15000 D Stock Option (Option to Buy) 2.65 2011-07-30 Common Stock 30000 D Stock Option (Option to Buy) 5.57 2012-01-30 Common Stock 8176 D Stock Option (Option to Buy) 1.55 2012-05-30 Common Stock 55000 D Stock Option (Option to Buy) 1.85 2013-08-11 Common Stock 1500 D Stock Option (Option to Buy) 1.87 2013-08-20 Common Stock 20700 D Stock Option (Option to Buy) 2.66 2014-02-03 Common Stock 50000 D Stock Option (Option to Buy) 1.39 2014-09-28 Common Stock 44000 D The option is fully vested and exercisable. The option is exercisable as to 24,375 shares. The remaining 5,625 shares will vest in three equal installments of 1,875 shares on January 31, 2005, May 1, 2005 and July 31, 2005. The option is vested as to 873 shares and will vest as to the remaining 627 in equal installments through August 12, 2005. The option is exercisable as it vests. The option vests as to 25% of the shares upon reporting persons completion of one year of service from the date of grant. The remaining shares vest in 12 equal installments upon the reporting persons completion of each additional quarter of service during the three year period following the first anniversary of the date of grant. Brian Bianchi 2004-12-13