SEC Form 4 · accession 0000056701-16-000075
KOSS CORP · KOSS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Donnan Smith
Officer — EVP and CFO
Period of report
Jul 27, 2016
Accepted (ET)
Jul 28, 2016 · 6:09 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 Stock | holding | — | — | — | 25,000 | D | ||
| Common Stock | holding | — | — | — | 29 | I | ESOP |
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)F1 | $2.20 | Jul 27, 2016 | A | 50,000 | A | — | Jul 27, 2026 | Common Stock | 50,000 | 50,000 | D |
Explanation of responses
- F1This option vests in five equal annual installments beginning on 07/27/2017.