David D. Smith - Nov 2, 2021 Form 4 Insider Report for KOSS CORP (KOSS)

Role
Chief Financial Officer
Signature
/s/ David D. Smith
Stock symbol
KOSS
Transactions as of
Nov 2, 2021
Transactions value $
-$129,100
Form type
4
Date filed
11/2/2021, 05:32 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 $26.3K +10K $2.63 10K Nov 2, 2021 Direct
transaction KOSS Common Stock Sale -$155K -10K -100% $15.54 0 Nov 2, 2021 Direct F1
holding KOSS Common Stock 31 Nov 2, 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 -10K -33.33% $0.00 20K Nov 2, 2021 Common Stock 10K $2.63 Direct 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 $15.50 to $15.60, 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 This option vests in five equal annual installments beginning on October 10, 2019.