John C. Koss Jr - Mar 23, 2022 Form 4 Insider Report for KOSS CORP (KOSS)

Role
Vice President - Sales
Signature
/s/ Kim M. Schulte, as attorney-in-fact
Stock symbol
KOSS
Transactions as of
Mar 23, 2022
Transactions value $
$0
Form type
4
Date filed
6/3/2022, 04:00 PM
Previous filing
Sep 2, 2021
Next filing
May 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KOSS Common Stock Deposit into or withdrawal from voting trust $0 -1M -100% $0.00* 0 Mar 23, 2022 As co-trustee of Koss Family Trust F1
transaction KOSS Common Stock Deposit into or withdrawal from voting trust $0 -708K -100% $0.00* 0 Mar 23, 2022 As co-trustee of Nancy Koss Trust F2
transaction KOSS Common Stock Deposit into or withdrawal from voting trust $0 -984K -100% $0.00* 0 Mar 23, 2022 By family corporation F3
holding KOSS Common Stock 196K Mar 23, 2022 Direct F4
holding KOSS Common Stock 74.1K Mar 23, 2022 ESOP
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were distributed upon the dissolution of the Koss Family Trust for no consideration to Michael J. Koss, as voting trustee of the voting trust established pursuant to that certain Restatement of Koss Family Voting Trust, dated March 23, 2022 (the "Voting Trust").
F2 These shares were distributed upon the dissolution of the Nancy Koss Trust for no consideration to Michael J. Koss, as voting trustee of the Voting Trust.
F3 These shares were transferred from the family corporation for no consideration to Michael J. Koss, as voting trustee of the Voting Trust.
F4 Since the date of the reporting person's last Form 4, 45,000 shares previously owned through the issuer's employee stock ownership plan were rolled over into a self-directed IRA and therefore are now owned directly.