SEC Form 4 · accession 0000056701-18-000010
KOSS CORP · KOSS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Theodore Nixon
Director
Period of report
May 9, 2018
Accepted (ET)
May 10, 2018 · 5:27 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 | — | — | — | 30,000 | 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)F1 | $1.92 | May 9, 2018 | A | 10,000 | A | — | May 9, 2023 | Common Stock | 10,000 | 10,000 | D |
Explanation of responses
- F1This option vests in three annual installments beginning on May 9, 2019, thirty-three percent (33%) on the first and second anniversary dates and thirty-four percent (34%) on the third anniversary date of the grant date.