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KOSS CORP — Director's Dealing 2015
Jul 30, 2015
34583_dirs_2015-07-30_c58712d4-b166-4da1-a0e2-987c9a1a8dcd.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: KOSS CORP (KOSS)
CIK: 0000056701
Period of Report: 2015-07-29
Reporting Person: KOSS MICHAEL J (President and CEO, 10% Owner)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-07-29 | Stock Option (right to buy) | $2.83 | A | 160000 | Acquired | 2020-07-29 | Common Stock (160000.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 75461 | Indirect |
| Common Stock | 159122 | Indirect |
| Common Stock | 857949 | Indirect |
| Common Stock | 784246 | Direct |
| Common Stock | 150426 | 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 7/29/2016.