JOHN C. KOSS JR - 14 Jun 2021 Form 4 Insider Report for KOSS CORP (KOSS)

Signature
/s/ David D. Smith, as attorney-in-fact
Issuer symbol
KOSS
Transactions as of
14 Jun 2021
Net transactions value
-$196,700
Form type
4
Filing time
16 Jun 2021, 16:16:29 UTC
Previous filing
10 Jun 2021
Next filing
26 Aug 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KOSS Common Stock Sale $75,600 -3,000 -1.9% $25.20* 156,028 14 Jun 2021 Direct F1
transaction KOSS Common Stock Sale $121,100 -5,000 -3.2% $24.22* 151,028 15 Jun 2021 Direct F2
holding KOSS Common Stock 707,949 14 Jun 2021 As co-trustee of Nancy Koss Trust F3
holding KOSS Common Stock 119,392 14 Jun 2021 ESOP
holding KOSS Common Stock 1,000,885 14 Jun 2021 As co-trustee of Koss Family Trust F3
* 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 $25.13 to $25.35, 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 price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.21 to $24.30, 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.
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.