KOSS CORP — Director's Dealing 2005

Apr 20, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KOSS CORP (KOSS)
CIK: 0000056701
Period of Report: 2005-04-18

Reporting Person: KOSS MICHAEL J (Pres, CEO, CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-04-18	Common Stock	M	40000	$7.40	Acquired	397394	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-04-18	Stock Option (right to buy)	$7.40	M	40000	Disposed	2005-05-01	Common Stock (40000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1000	Indirect
Common Stock	76061	Indirect
Common Stock	62737	Indirect

Footnotes

F1: This option vests in four equal installments, with the first installment being 5/1/2001.

F2: Option grant.

F3: Reflects ESOP allocations that have occurred since the date of the Reporting Person's last ownership report.