Genasys Inc. — Director's Dealing 2006

Feb 15, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMERICAN TECHNOLOGY CORP /DE/ (ATCO)
CIK: 0000924383
Period of Report: 2006-02-13

Reporting Person: CROFT JAMES III (Chief Tech Officer & VP Dev)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-02-13	Common Stock	M	3300	$3	Acquired	3350	Direct
2006-02-13	Common Stock	S	1900	$3.99	Disposed	1450	Direct
2006-02-13	Common Stock	S	900	$3.97	Disposed	550	Direct
2006-02-13	Common Stock	S	500	$3.98	Disposed	50	Direct
2006-02-14	Common Stock	M	1500	$3	Acquired	1550	Direct
2006-02-14	Common Stock	S	900	$4.071	Disposed	650	Direct
2006-02-14	Common Stock	S	200	$3.98	Disposed	450	Direct
2006-02-14	Common Stock	S	400	$3.97	Disposed	50	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-02-13	Employee Stock Option (right to buy)	$3	M	3300	Disposed	2006-02-20	Common Stock (3300)	Direct
2006-02-14	Employee Stock Option (right to buy)	$3	M	1500	Disposed	2006-02-20	Common Stock (1500)	Direct

Footnotes

F1: The option and the shares acquired upon exercise are subject to a domestic relations order. The reporting person disclaims beneficial ownership of the shares subject to and acquired upon exercise of the option except to the extent of his pecuniary interest therein.

F2: Grant to reporting person on February 20, 2001 of an option to purchase 30,000 shares. The option vested as to 1/8 of the shares in equal quarterly installments over two years beginning on April 1, 2001. The option remains exercisable as to 12,200 shares, all of which are fully vested.