Genasys Inc. — Director's Dealing 2020

Mar 12, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Genasys Inc. (LRAD)
CIK: 0000924383
Period of Report: 2020-03-12

Reporting Person: Anchin Scott L (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-03-10	Common stock	A	30000	—	Acquired	86005	Direct
2020-03-12	Common stock	M	30000	—	Acquired	116005	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-03-12	Restricted Stock units	$	M	30000	Disposed		common stock (116005)	Direct

Footnotes

F1: On March 10, 2020, the issuer granted to the reporting person 30,000 restricted stock units (RSU's) that vest on the one year anniversary of the date of grant. Each RSU represents a contingent right to receive one share of Genasys Inc. common stock and is eligible to be settled solely in shares of Genasys Inc. common stock.

F2: The reporting person received a grant of 30,000 RSU's on March 12, 2019. These vested on March 12, 2020 and the reporting person received one share of Genasys Inc. common stock for each RSU.

F3: No purchase price, conversion price or exercise price was paid because the restricted stock units converted into shares of common stock on a one-for-one basis.