David D. Smith - 24 Aug 2021 Form 4 Insider Report for KOSS CORP (KOSS)

Role
Chief Financial Officer
Signature
/s/ David D. Smith
Issuer symbol
KOSS
Transactions as of
24 Aug 2021
Transactions value $
-$1,654,560
Form type
4
Filing time
26 Aug 2021, 18:11:52 UTC
Previous filing
02 Jul 2021
Next filing
02 Nov 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 Options Exercise $19,700 +10,000 $1.97 10,000 24 Aug 2021 Direct
transaction KOSS Common Stock Options Exercise $26,300 +10,000 +100% $2.63 20,000 24 Aug 2021 Direct
transaction KOSS Common Stock Options Exercise $144,000 +48,000 +240% $3 68,000 24 Aug 2021 Direct
transaction KOSS Common Stock Options Exercise $56,540 +22,000 +32% $2.57 90,000 24 Aug 2021 Direct
transaction KOSS Common Stock Options Exercise $22,000 +10,000 +11% $2.2 100,000 24 Aug 2021 Direct
transaction KOSS Common Stock Options Exercise $17,300 +10,000 +10% $1.73 110,000 24 Aug 2021 Direct
transaction KOSS Common Stock Sale -$1,940,400 -110,000 -100% $17.64* 0 24 Aug 2021 Direct F1
holding KOSS Common Stock 31 24 Aug 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 -10,000 -25% $0 30,000 24 Aug 2021 Common Stock 10,000 $1.97 Direct F2
transaction KOSS Stock Option (Right to Buy) Options Exercise $0 -10,000 -25% $0 30,000 24 Aug 2021 Common Stock 10,000 $2.63 Direct F3
transaction KOSS Stock Option (Right to Buy) Options Exercise $0 -48,000 -100% $0* 0 24 Aug 2021 Common Stock 48,000 $3 Direct F4
transaction KOSS Stock Option (Right to Buy) Options Exercise $0 -22,000 -100% $0* 0 24 Aug 2021 Common Stock 22,000 $2.57 Direct F5
transaction KOSS Stock Option (Right to Buy) Options Exercise $0 -10,000 -100% $0* 0 24 Aug 2021 Common Stock 10,000 $2.2 Direct F6
transaction KOSS Stock Option (Right to Buy) Options Exercise $0 -10,000 -20% $0 40,000 24 Aug 2021 Common Stock 10,000 $1.73 Direct F7
* 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 $17.50 to $17.84, 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 July 24, 2020.
F3 This option vests in five equal annual installments beginning on October 10, 2019.
F4 This option vested in five equal annual installments beginning on July 23, 2015.
F5 This option vested in five equal annual installments beginning on July 29, 2016.
F6 This option vested in five equal annual installments beginning on July 27, 2017.
F7 This option vests in five equal annual installments beginning on July 22, 2021.