KOSS CORP — Director's Dealing 2003

May 28, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KOSS CORP (KOSS)
CIK: 0000056701
Period of Report: 2003-05-23

Reporting Person: LILLIE LENORE (VP - Operations)

Footnotes

F1: The reporting person indirectly owns 12,958 shares of common stock of the Issuer through the Koss Employee Stock Ownership Trust

F2: This option vests in four equal installments, with the first installment being 4/29/2000.

F3: Option grant.

F4: This option vests in four equal installments, with the first installment being 5/1/2001