SEC Form 4 · accession 0000056701-15-000023

KOSS CORP · KOSS

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — President and CEO · 10% Owner

Period of report

Jul 29, 2015

Accepted (ET)

Jul 30, 2015 · 3:29 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000056701

Table I — non-derivative securities

Security	Date	Code	Shares	A/D	Owned after	D/I	Nature of ownership
Common Stock	holding	—	—	—	75,461	I	By 401(k)
Common Stock^F1	holding	—	—	—	159,122	I	Trust for Children
Common Stock^F2	holding	—	—	—	857,949	I	By self as co-trustee of Nancy Koss Trust
Common Stock	holding	—	—	—	784,246	D
Common Stock	holding	—	—	—	150,426	I	ESOP

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Option (right to buy)^F3	$2.83	Jul 29, 2015	A	160,000	A	—	Jul 29, 2020	Common Stock	160,000	160,000	D

F1These shares are held through four separate trusts. Each trust benefits one of the reporting person's four adult children. 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 shares for purposes of Section 16 or any other purpose.
F2These 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.
F3This option vests in four equal annual installments beginning on 7/29/2016.