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Genasys Inc. Director's Dealing 2007

Aug 8, 2007

34184_dirs_2007-08-08_85504341-0d18-4e20-9731-1229983f026c.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: 2007-08-06

Reporting Person: MCDERMOTT KATHERINE H (Chief Accounting Officer)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2007-08-06 Stock Option (Right to Buy) $3.43 A 50000 Acquired 2012-08-06 Common Stock (50000) Direct

Footnotes

F1: Grant to reporting person of an option to purchase 50,000 shares. The option vests as to 25% on the first anniversary and 1/16 per quarter until fully vested