KOSS CORP — Director's Dealing 2010

Nov 9, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KOSS CORP (KOSS)
CIK: 0000056701
Period of Report: 2010-01-19

Reporting Person: Smith David Donnan (EVP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-11-05	Common Stock	P	10000	$5.72	Acquired	10000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-01-19	Employee Stock Option (right to buy)	$3.90	A	50000	Acquired	2020-01-19	Common Stock (50000)	Direct
2010-07-14	Employee Stock Option (right to buy)	$5.24	A	50000	Acquired	2020-07-14	Common Stock (50000)	Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $5.55 to $5.75, inclusive. The reporting person undertakes to provide Koss Corporation, any security holder of Koss Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (1) to this Form 4.

F2: This option vests in five equal annual installments beginning on January 19, 2011.

F3: This option vests in five equal annual installments beginning on July 14, 2011.