0001209191-21-007558.txt : 20210203 0001209191-21-007558.hdr.sgml : 20210203 20210203200750 ACCESSION NUMBER: 0001209191-21-007558 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210201 FILED AS OF DATE: 20210203 DATE AS OF CHANGE: 20210203 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: KOSS JOHN C JR CENTRAL INDEX KEY: 0001217521 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-03295 FILM NUMBER: 21588276 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: KOSS CORP CENTRAL INDEX KEY: 0000056701 STANDARD INDUSTRIAL CLASSIFICATION: HOUSEHOLD AUDIO & VIDEO EQUIPMENT [3651] IRS NUMBER: 391168275 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 BUSINESS ADDRESS: STREET 1: 4129 N PORT WASHINGTON AVE CITY: MILWAUKEE STATE: WI ZIP: 53212 BUSINESS PHONE: 4149645000 MAIL ADDRESS: STREET 1: 4129 N PORT WASHINGTON AVE CITY: MILWAUKEE STATE: WI ZIP: 53212 FORMER COMPANY: FORMER CONFORMED NAME: KOSS ELECTRONICS INC DATE OF NAME CHANGE: 19721005 FORMER COMPANY: FORMER CONFORMED NAME: REK O KUT CO INC DATE OF NAME CHANGE: 19680124 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2021-02-01 0 0000056701 KOSS CORP KOSS 0001217521 KOSS JOHN C JR C/O KOSS CORPORATION 4129 N. PORT WASHINGTON AVE. MILWAUKEE WI 53212 0 1 1 0 Vice President - Sales Common Stock 2020-01-13 5 J 0 E 24000 0.00 D 8000 I Custodian Common Stock 2020-01-23 5 J 0 E 8000 0.00 D 0 I Custodian Common Stock 2021-02-01 4 M 0 100000 2.42 A 456294 D Common Stock 2021-02-01 4 M 0 75000 1.95 A 531294 D Common Stock 2021-02-01 4 M 0 50000 2.92 A 581294 D Common Stock 2021-02-01 4 M 0 25000 2.17 A 606294 D Common Stock 2021-02-01 4 S 0 12267 45.62 D 594027 D Common Stock 2021-02-01 4 S 0 96250 42.24 D 497777 D Common Stock 2021-02-01 4 S 0 35283 41.11 D 462494 D Common Stock 2021-02-01 4 S 0 47033 39.13 D 415461 D Common Stock 2021-02-01 4 S 0 16000 38.26 D 399461 D Common Stock 2021-02-01 4 S 0 43167 36.63 D 356294 D Common Stock 2021-02-01 4 S 0 25000 35.06 D 331294 D Common Stock 2021-02-01 4 S 0 10000 34.04 D 321294 D Common Stock 2021-02-01 4 S 0 10000 55.18 D 17779 I By 401(k) Common Stock 2021-02-01 4 S 0 17779 49.47 D 0 I By 401(k) Common Stock 2021-02-01 4 S 0 25000 48.26 D 832949 I As co-trustee of Nancy Koss Trust Common Stock 2021-02-01 4 S 0 5000 44.00 D 827949 I As co-trustee of Nancy Koss Trust Common Stock 2021-02-01 4 S 0 20000 41.81 D 807949 I As co-trustee of Nancy Koss Trust Common Stock 2021-02-01 4 S 0 20000 35.01 D 787949 I As co-trustee of Nancy Koss Trust Common Stock 2021-02-02 4 S 0 35000 23.56 D 286294 D Common Stock 2021-02-02 4 S 0 5133 18.07 D 281161 D Common Stock 2021-02-02 4 S 0 30000 19.84 D 757949 I As co-trustee of Nancy Koss Trust Common Stock 119392 I ESOP Common Stock 1000885 I As co-trustee of Koss Family Trust Stock Option (right to buy) 2.42 2021-02-01 4 M 0 100000 0.00 D 2021-07-27 Common Stock 100000 0 D Stock Option (right to buy) 1.95 2021-02-01 4 M 0 75000 0.00 D 2022-07-26 Common Stock 75000 25000 D Stock Option (right to buy) 2.92 2021-02-01 4 M 0 50000 0.00 D 2023-07-25 Common Stock 50000 50000 D Stock Option (right to buy) 2.17 2021-02-01 4 M 0 25000 0.00 D 2024-07-24 Common Stock 25000 75000 D The transaction is a distribution of shares of Common Stock, for no consideration, from a custodial account of which the reporting person served as custodian, to the reporting person's adult daughter, who does not share the reporting person's household. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.02 to $42.56, 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. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.70 to $41.40, 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. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.60 to $39.60, 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. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.05 to $38.50, 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. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.75 to $37.05, 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. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.02 to $35.20, 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. The reporting person and members of his immediate family are the sole beneficiaries of the trust. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.50 to $42.11, 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. The reporting person and members of his immediate family are the sole beneficiaries of the trust. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein. This option vests in four equal annual installments beginning on July 27, 2017. This option vests in four equal annual installments beginning on July 26, 2018. This option vests in four equal annual installments beginning on July 25, 2019. This option vests in four equal annual installments beginning on July 24, 2020. /s/ David D. Smith, as attorney-in-fact 2021-02-03