KOSS CORP — Director's Dealing 2021

Feb 3, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KOSS CORP (KOSS)
CIK: 0000056701
Period of Report: 2021-02-01

Reporting Person: LILLIE LENORE (VP - Operations)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-01	Common Stock	M	25000	$4.97	Acquired	45088	Direct
2021-02-01	Common Stock	M	30000	$5.30	Acquired	75088	Direct
2021-02-01	Common Stock	M	6000	$2.57	Acquired	81088	Direct
2021-02-01	Common Stock	M	1487	$2.20	Acquired	82575	Direct
2021-02-01	Common Stock	M	12000	$2.65	Acquired	94575	Direct
2021-02-01	Common Stock	S	1487	$59.54	Disposed	93088	Direct
2021-02-01	Common Stock	S	6000	$56.36	Disposed	87088	Direct
2021-02-01	Common Stock	S	12000	$55.50	Disposed	75088	Direct
2021-02-01	Common Stock	S	4000	$48.26	Disposed	71088	Direct
2021-02-01	Common Stock	S	6000	$46.25	Disposed	65088	Direct
2021-02-01	Common Stock	S	55000	$35.54	Disposed	10088	Direct
2021-02-02	Common Stock	M	25000	$6.00	Acquired	35088	Direct
2021-02-02	Common Stock	S	1000	$26.97	Disposed	34088	Direct
2021-02-02	Common Stock	S	1000	$23.44	Disposed	33088	Direct
2021-02-02	Common Stock	S	3000	$21.60	Disposed	30088	Direct
2021-02-02	Common Stock	S	2588	$19.98	Disposed	27500	Direct
2021-02-02	Common Stock	S	27500	$18.20	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-01	Stock Option (right to buy)	$4.97	M	25000	Disposed	2022-07-25	Common Stock (25000)	Direct
2021-02-01	Stock Option (right to buy)	$5.30	M	30000	Disposed	2023-07-24	Common Stock (30000)	Direct
2021-02-01	Stock Option (right to buy)	$2.57	M	6000	Disposed	2025-07-29	Common Stock (6000)	Direct
2021-02-01	Stock Option (right to buy)	$2.20	M	1487	Disposed	2026-07-27	Common Stock (1487)	Direct
2021-02-01	Stock Option (right to buy)	$2.65	M	12000	Disposed	2028-07-25	Common Stock (12000)	Direct
2021-02-02	Stock Option (right to buy)	$6.00	M	25000	Disposed	2021-07-27	Common Stock (25000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	30022	Indirect

Footnotes

F1: This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 1, 2020.

F2: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.01 to $35.90, 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.

F3: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.98 to $23.90, 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.

F4: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.03 to $21.84, 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.

F5: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.71 to $20.25, 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.

F6: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.81 to $18.80, 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.

F7: This option vests in five equal annual installments beginning on July 25, 2013.

F8: This option vests in five equal annual installments beginning on July 24, 2014.

F9: This option vests in five equal annual installments beginning on July 29, 2016.

F10: This option vests in five equal annual installments beginning on July 27, 2017.

F11: This option vests in five equal annual installments beginning on July 25, 2019.

F12: This option vests in five equal annual installments beginning on July 27, 2012.