SEC Form 4 · accession 0000056701-15-000017
KOSS CORP · KOSS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John C Koss Jr.
Officer — Vice President - Sales · 10% Owner
Period of report
Jul 29, 2015
Accepted (ET)
Jul 30, 2015 · 3:14 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000056701
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | holding | — | — | — | 857,949 | I | By self as co-trustee of Nancy Koss Trust | |
| Common Stock | holding | — | — | — | 32,000 | I | Trust for Children | |
| Common Stock | holding | — | — | — | 27,798 | I | By 401(k) | |
| Common Stock | holding | — | — | — | 112,952 | I | ESOP | |
| Common Stock | holding | — | — | — | 356,294 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F2 | $2.83 | Jul 29, 2015 | A | 100,000 | A | — | Jul 29, 2020 | Common Stock | 100,000 | 100,000 | D |
Explanation of responses
- F1These 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.
- F2This option vests in four equal annual installments beginning 7/29/2016.