X0201 4 2003-11-17 0 0001016470 SRS LABS INC SRSL 0001032003 SEDMAK STEPHEN V C/O SRS LABS, INC. 2909 DAIMLER STREET SANTA ANA CA 92705 1 0 0 0 Common Stock 2003-11-17 4 M 0 50000 5.00 A 50000 D Common Stock 2003-11-17 4 S 0 50000 7.9925 D 0 D Common Stock 684401 I See Footnote Employee Stock Option 5.00 2003-11-17 4 M 0 50000 5.00 D 2000-08-15 2006-08-15 Common Stock 137315 87315 D Shares are held indirectly by reporting person as follows: 634,401 shares by Sedmak Family Trust; 25,000 shares by spouse as custodian for son; 25,000 shares by spouse as custodian for daughter. Edward J. Treska for Stephen V. Sedmak 2003-11-17