Michael J. Koss Jr - Sep 15, 2021 Form 4 Insider Report for KOSS CORP (KOSS)

Role
VP - Marketing & Product
Signature
/s/ David D. Smith, as attorney-in-fact
Stock symbol
KOSS
Transactions as of
Sep 15, 2021
Transactions value $
-$363,816
Form type
4
Date filed
9/17/2021, 04:05 PM
Previous filing
Aug 26, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KOSS Common Stock Options Exercise $43.8K +15K +57.69% $2.92 41K Sep 15, 2021 Direct
transaction KOSS Common Stock Options Exercise $19.7K +9.09K +22.17% $2.17 50.1K Sep 15, 2021 Direct
transaction KOSS Common Stock Sale -$427K -24.1K -48.09% $17.74 26K Sep 15, 2021 Direct
holding KOSS Common Stock 11 Sep 15, 2021 ESOP

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction KOSS Stock Option (right to buy) Options Exercise $0 -15K -50% $0.00 15K Sep 15, 2021 Common Stock 15K $2.92 Direct F1
transaction KOSS Stock Option (right to buy) Options Exercise $0 -9.09K -30.3% $0.00 20.9K Sep 15, 2021 Common Stock 9.09K $2.17 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This option vests in four equal annual installments beginning on July 25, 2019.
F2 This option vests in four equal annual installments beginning on July 24, 2020.