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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.