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Genasys Inc. Director's Dealing 2003

Nov 20, 2003

Director's Dealing

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Issuer: AMERICAN TECHNOLOGY CORP /DE/ (atco)
CIK: 0000924383
Period of Report: 2003-11-18

Reporting Person: GRUENLER CARL (Sr. VP of Mil Op, CFO, Secty)

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-11-18	ISO Stock Option	$5.39	A	55000	Acquired	2008-11-18	Common Stock (55000)	Direct

F1: Options vest prorata quarterly commencing with first vesting on 2/18/2004. Option will be fully vested on 11/18/2005.