KOSS CORP — Director's Dealing 2014

Jul 25, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KOSS CORP (KOSS)
CIK: 0000056701
Period of Report: 2014-07-23

Reporting Person: KOSS MICHAEL J (President and CEO, 10% Owner)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-07-23	Stock Option (right to buy)	$3.3	A	160000	Acquired	2024-07-23	Common Stock (160000.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	142122	Indirect
Common Stock	787246	Direct
Common Stock	129139	Indirect
Common Stock	48461	Indirect
Common Stock	857949	Indirect

Footnotes

F1: These shares are held through four separate trusts. Each trust benefits one of the reporting person's four adult children. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission of beneficial ownership of these shares for purposes of Section 16 or any other purpose.

F2: These shares are held in trust for the benefit of Nancy Koss, the mother of the reporting person. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission of beneficial ownership of these securities for purpose of Section 16 or any other purpose.

F3: This option vests in four equal annual installments beginning on 07/23/2015.