Statement of Changes in Beneficial Ownership (4)
26 Agosto 2021 - 5:12PM
Edgar (US Regulatory)
FORM 4
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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OMB Number:
3235-0287
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
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Smith David Donnan |
2. Issuer Name and Ticker or Trading Symbol
KOSS CORP
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KOSS
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chief Financial Officer |
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(Last)
(First)
(Middle)
KOSS CORPORATION, 4129 N. PORT WASHINGTON AVE. |
3. Date of Earliest Transaction
(MM/DD/YYYY)
8/24/2021 |
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(Street)
MILWAUKEE, WI 53212
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security
(Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code
(Instr. 8)
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4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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| Common Stock | 8/24/2021 | | M | | 10000 | A | $1.97 | 10000 | D | |
| Common Stock | 8/24/2021 | | M | | 10000 | A | $2.63 | 20000 | D | |
| Common Stock | 8/24/2021 | | M | | 48000 | A | $3.00 | 68000 | D | |
| Common Stock | 8/24/2021 | | M | | 22000 | A | $2.57 | 90000 | D | |
| Common Stock | 8/24/2021 | | M | | 10000 | A | $2.20 | 100000 | D | |
| Common Stock | 8/24/2021 | | M | | 10000 | A | $1.73 | 110000 | D | |
| Common Stock | 8/24/2021 | | S | | 110000 | D | $17.64 (1) | 0 | D | |
| Common Stock | | | | | | | | 31 | I | ESOP |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security
(Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code
(Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) | 8. Price of Derivative Security
(Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
| Stock Option (Right to Buy) | $1.97 | 8/24/2021 | | M | | | 10000 | (2) | 7/24/2029 | Common Stock | 10000 | $0.00 | 30000 | D | |
| Stock Option (Right to Buy) | $2.63 | 8/24/2021 | | M | | | 10000 | (3) | 10/10/2028 | Common Stock | 10000 | $0.00 | 30000 | D | |
| Stock Option (Right to Buy) | $3.00 | 8/24/2021 | | M | | | 48000 | (4) | 7/23/2024 | Common Stock | 48000 | $0.00 | 0 | D | |
| Stock Option (Right to Buy) | $2.57 | 8/24/2021 | | M | | | 22000 | (5) | 7/29/2025 | Common Stock | 22000 | $0.00 | 0 | D | |
| Stock Option (Right to Buy) | $2.20 | 8/24/2021 | | M | | | 10000 | (6) | 7/27/2026 | Common Stock | 10000 | $0.00 | 0 | D | |
| Stock Option (Right to Buy) | $1.73 | 8/24/2021 | | M | | | 10000 | (7) | 7/22/2030 | Common Stock | 10000 | $0.00 | 40000 | D | |
| Explanation of Responses: |
| (1) | The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.50 to $17.84, 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. |
| (2) | This option vests in five equal annual installments beginning on July 24, 2020. |
| (3) | This option vests in five equal annual installments beginning on October 10, 2019. |
| (4) | This option vested in five equal annual installments beginning on July 23, 2015. |
| (5) | This option vested in five equal annual installments beginning on July 29, 2016. |
| (6) | This option vested in five equal annual installments beginning on July 27, 2017. |
| (7) | This option vests in five equal annual installments beginning on July 22, 2021. |
Reporting Owners
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| Reporting Owner Name / Address | Relationships |
| Director | 10% Owner | Officer | Other |
Smith David Donnan
KOSS CORPORATION
4129 N. PORT WASHINGTON AVE.
MILWAUKEE, WI 53212 |
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| Chief Financial Officer |
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Signatures
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| /s/ David D. Smith | | 8/26/2021 |
| **Signature of Reporting Person | Date |
Koss (NASDAQ:KOSS)
Gráfica de Acción Histórica
De Ene 2025 a Feb 2025
Koss (NASDAQ:KOSS)
Gráfica de Acción Histórica
De Feb 2024 a Feb 2025
