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Filing Details

Accession Number:: 0001209191-21-054059
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-08-31 16:05:31
Reporting Period:: 2021-08-27

Accepted Time:: 2021-08-31 16:05:31
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

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2021-08-27	4,600	$1.95	779,507	No	4	M	Direct
Common Stock	Disposition	2021-08-27	4,600	$18.06	774,907	No	4	S	Direct
Common Stock	Acquisiton	2021-08-30	5,400	$1.95	780,307	No	4	M	Direct
Common Stock	Disposition	2021-08-30	5,400	$18.28	774,907	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Stock Option (right to buy)	Disposition	2021-08-27	4,600	$0.00	4,600	$1.95
Common Stock	Stock Option (right to buy)	Disposition	2021-08-30	5,400	$0.00	5,400	$1.95

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
23,900		2022-07-26	No	4	M	Direct
18,500		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

The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.05 to $18.08, 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.
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.27 to $18.30, 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.
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.
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.
The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
This option vested in four equal annual installments beginning on July 26, 2018.