4//SEC Filing
KOSS MICHAEL J 4
Accession 0001209191-21-054751
CIK 0000056701other
Filed
Sep 2, 8:00 PM ET
Accepted
Sep 3, 4:21 PM ET
Size
13.8 KB
Accession
0001209191-21-054751
Insider Transaction Report
Form 4
KOSS CORPKOSS
KOSS MICHAEL J
President and CEO
Transactions
- Exercise/Conversion
Common Stock
2021-08-26$1.95/sh+8,500$16,575→ 783,407 total - Sale
Common Stock
2021-08-26$18.33/sh−8,500$155,805→ 774,907 total - Exercise/Conversion
Stock Option (right to buy)
2021-08-26−8,500→ 20,000 totalExercise: $1.95Exp: 2022-07-26→ Common Stock (8,500 underlying)
Holdings
- 1,000,885(indirect: By Trust)
Common Stock
- 157,801(indirect: ESOP)
Common Stock
- 27,000(indirect: By Trust)
Common Stock
- 707,949(indirect: By Trust)
Common Stock
- 983,800(indirect: By family corporation)
Common Stock
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 $18.25 to $18.36, 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]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.
- [F3]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.
- [F4]The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
- [F5]This exercise of the option was inadvertantly omitted from the reporting person's Form 4 filed on August 26, 2021 and not reflected in the Forms 4 subsequently filed by the reporting person on August 31, 2021 and September 2, 2021.
- [F6]This option vested in four equal annual installments beginning on July 26, 2018.
Documents
Issuer
KOSS CORP
CIK 0000056701
Entity typeother
Related Parties
1- filerCIK 0001190293
Filing Metadata
- Form type
- 4
- Filed
- Sep 2, 8:00 PM ET
- Accepted
- Sep 3, 4:21 PM ET
- Size
- 13.8 KB