Filing Details

Accession Number:
0001209191-21-053528
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-08-26 18:07:44
Reporting Period:
2021-08-24
Accepted Time:
2021-08-26 18:07:44
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
56701 Koss Corp KOSS Household Audio & Video Equipment (3651) 391168275
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1190293 J Michael Koss C/O Koss Corporation
4129 N. Port Washington Ave.
Milwaukee WI 53212
President And Ceo Yes Yes Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2021-08-24 16,500 $1.95 791,407 No 4 M Direct
Common Stock Disposition 2021-08-24 16,500 $19.74 774,907 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (right to buy) Disposition 2021-08-24 16,500 $0.00 16,500 $1.95
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
28,500 2022-07-26 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 27,000 Indirect As co-trustee of trusts for children
Common Stock 1,000,885 Indirect As co-trustee of Koss Family Trust
Common Stock 707,949 Indirect As co-trustee of Nancy Koss Trust
Common Stock 157,801 Indirect ESOP
Common Stock 983,800 Indirect By family corporation
Footnotes
  1. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.51 to $20.11, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  2. These shares are held through two separate trusts. Each trust benefits an adult child of the reporting person. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
  3. The reporting person and members of his immediate family are the sole beneficiaries of the trust. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
  4. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
  5. This option vested in four equal annual installments beginning on July 26, 2018.