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Genasys Inc. Director's Dealing 2009

Sep 18, 2009

34184_dirs_2009-09-18_8740270b-c6c0-4cb3-b04a-8aee91c32160.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: 2009-06-16

Reporting Person: MARXE AUSTIN W & GREENHOUSE DAVID M (10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2009-09-16 Common Stock S 150000 $2.0708 Disposed 3299081 Indirect
2009-09-16 Common Stock S 1900 $2.25 Disposed 3297181 Indirect
2009-09-16 Common Stock S 100000 $2.298 Disposed 3197181 Indirect

Footnotes

F1: This is a joint filing by Austin W. Marxe (Marxe) & David M. Greenhouse (Greenhouse). They share voting and investment control over all securities owned by Special Situations Fund III QP, L.P. (QP), Special Situations Private Equity Fund, L.P. (PE), Special Situations Technology Fund, LP (Tech) & Special Situations Technology II, Fund, L.P. (Tech II), respectively. 1,459,791 shares of Common Stock are held by QP, 510,425 shares of Common Stock are held by PE, 170,038 shares of Common Stock are held by Tech and 1,056,927 shares of Common Stock are held by Tech II. The interest of Marxe and Greenhouse in the shares of Common Stock owned by QP, PE, Tech, and Tech II is limited to the extent of his pecuniary interest.