X0306 4/A 2012-06-27 2012-07-02 0 0000897893 PEERLESS SYSTEMS CORP PRLS 0001553403 Stein Gerald A. C/O PEERLESS SYSTEMS CORPORATION 1055 WASHINGTON BLVD, 8TH FLOOR STAMFORD CT 06901 1 0 0 0 Options to acquire common stock 3.88 2012-06-27 4 A 0 10000 A 2022-06-27 Common Stock 10000 10000 D The original filing, due to an administrative error, incorrectly reported the number of securities acquired in Column 5, the amount of underlying securities in Column 7, and the number of securities beneficially owned following the reported transaction in Column 9. Twenty-five percent (25%) of the shares subject to such option shall vest and become exercisable on June 27, 2013 (the completion of one year of service measured from the grant date). The balance of the shares subject to such option shall vest and become exercisable in a series of thirty-six (36) successive equal monthly installments upon completion of each additional month of service until all of the options are vested. All options were received in consideration for Mr. Stein's service as a director of the Company. /s/ Gerald A. Stein 2013-02-07