John C. Koss Jr. - 28 May 2021 Form 4 Insider Report for KOSS CORP (KOSS)

Role: Vice President - Sales, 10%+ Owner
Signature: /s/ David D. Smith, as attorney-in-fact
Issuer symbol: KOSS
Transactions as of: 28 May 2021
Net transactions value: -$235,000
Form type: 4
Filing time: 01 Jun 2021, 16:15:55 UTC
Next filing: 03 Jun 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KOSS	Common Stock	Sale	$235,000	-10,000	-4.7%	$23.50	202,161	28 May 2021	Direct	F1
holding	KOSS	Common Stock						707,949	28 May 2021	As co-trustee of Nancy Koss Trust	F2
holding	KOSS	Common Stock						119,392	28 May 2021	ESOP
holding	KOSS	Common Stock						1,000,885	28 May 2021	As co-trustee of Koss Family Trust	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.00 to $24.00, 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 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.

Content

The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.00 to $24.00, 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 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.