Genasys Inc. — Director's Dealing 2005

Dec 23, 2005

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: AMERICAN TECHNOLOGY CORP /DE/ (ATCO)
CIK: 0000924383
Period of Report: 2005-12-16

Reporting Person: Jordan Karen (Chief Accounting Officer)

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (right to buy)	$4.77	2010-11-21	Common Stock (30000)		Direct

Footnotes

F1: Grant to reporting person on November 21, 2005 of an option to purchase 30,000 shares. The option vests as to 1/4 of the shares on the first anniversary of the grant date and as to 1/16th of the remaining shares quarterly thereafter until fully vested.