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Genasys Inc. Director's Dealing 2006

Mar 28, 2006

34184_dirs_2006-03-28_d2a6d905-59f5-45f4-8c5d-012578013170.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMERICAN TECHNOLOGY CORP /DE/ (ATCO)
CIK: 0000924383
Period of Report: 2006-03-24

Reporting Person: Brown Thomas R (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2006-03-24 Employee Stock Option (right to buy) $3.65 A 50000 Acquired 2011-03-24 Common Stock (50000) Direct

Footnotes

F1: Grant to reporting person on March 24, 2006 of an option to purchase 50,000 shares. The option vests as to 1/4 of the shares on the first anniversary of the grant date and as to 1/16 of the remaining shares quarterly thereafter until fully vested.