KOSS MICHAEL J 4

4 · KOSS CORP · Filed Aug 31, 2021

Insider Transaction Report

Form 4

Period: 2021-08-27

KOSS CORPKOSS

KOSS MICHAEL J

DirectorPresident and CEO10% Owner

Transactions

Sale
Common Stock
2021-08-30$18.28/sh−5,400$98,712→ 774,907 total
Exercise/Conversion
Stock Option (right to buy)
2021-08-30−5,400→ 18,500 total
Exercise: $1.95Exp: 2022-07-26→ Common Stock (5,400 underlying)
Sale
Common Stock
2021-08-27$18.06/sh−4,600$83,076→ 774,907 total
Exercise/Conversion
Common Stock
2021-08-27$1.95/sh+4,600$8,970→ 779,507 total
Exercise/Conversion
Common Stock
2021-08-30$1.95/sh+5,400$10,530→ 780,307 total
Exercise/Conversion
Stock Option (right to buy)
2021-08-27−4,600→ 23,900 total
Exercise: $1.95Exp: 2022-07-26→ Common Stock (4,600 underlying)

Holdings

Common Stock
(indirect: By Trust)
27,000
Common Stock
(indirect: ESOP)
157,801
Common Stock
(indirect: By Trust)
1,000,885
Common Stock
(indirect: By Trust)
707,949
Common Stock
(indirect: By family corporation)
983,800

Footnotes (6)

[F1]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.
[F2]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.
[F3]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.
[F4]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.
[F5]The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
[F6]This option vested in four equal annual installments beginning on July 26, 2018.

Documents

1 file

4
doc4.xmlPrimary
FORM 4 SUBMISSION