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Genasys Inc. Director's Dealing 2006

Feb 14, 2006

34184_dirs_2006-02-14_4159df3c-47e4-4213-b940-e9a0385fed83.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: 2006-02-14

Reporting Person: NORRIS ELWOOD G (Director, Chairman, 10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2006-02-14 Common Stock M 50000 $3.30 Acquired 3679015 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2006-02-14 Stock Option $3.30 M 50000 Disposed 2006-02-16 Common Stock (50000) Direct

Footnotes

F1: Option granted 2/16/2001 and vested quarterly over two years from grant date.