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KOSS CORP — Director's Dealing 2021
Jun 1, 2021
34583_dirs_2021-06-01_41a42f0d-53c5-431c-a1f2-4208b8aadd43.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: 2021-05-28
Reporting Person: Nixon Theodore (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-05-28 | Common Stock | M | 10000 | $1.92 | Acquired | 10000 | Direct |
| 2021-05-28 | Common Stock | S | 10000 | $23.58 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-05-28 | Stock Option (Right to Buy) | $1.92 | M | 10000 | Disposed | 2023-05-09 | Common Stock (10000) | Direct |
Footnotes
F1: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.15 to $23.75, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2: This option vested in three annual installments beginning on May 9, 2019, thirty-three percent (33%) on the first and second anniversary dates and thirty-four percent (34%) on the third anniversary date of the grant date.