KOSS CORP — Director's Dealing 2006

May 22, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KOSS CORP (KOSS)
CIK: 0000056701
Period of Report: 2006-05-18

Reporting Person: SACHDEVA SUJATA (VP-Finance, Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-05-18	Common Stock	M	2400	$22.01	Acquired	2400	Direct
2006-05-18	Common Stock	S	2400	$25.50	Disposed	0	Direct
2006-05-19	Common Stock	M	1500	$22.01	Acquired	1500	Direct
2006-05-19	Common Stock	S	1500	$25.00	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-05-18	Stock Option (right to buy)	$22.01	M	2400	Disposed	2014-04-28	Common Stock (2400)	Direct
2006-05-19	Stock Option (right to buy)	$22.01	M	1500	Disposed	2014-04-28	Common Stock (1500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7387	Indirect

Footnotes

F1: This option vests in four equal installments, with the first installment being 4/28/2005.