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Genasys Inc. — Director's Dealing 2020
Jan 7, 2020
34184_dirs_2020-01-07_244987d5-051d-4afa-b14c-ddabc107fb9f.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: LRAD Corp (LRAD)
CIK: 0000924383
Period of Report: 2020-01-06
Reporting Person: Klahn Dennis D (CFO/Secretary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-01-06 | Common stock | A | 10000 | — | Acquired | 20000 | Direct |
| 2020-01-07 | Common stock | F | 1359 | $3.17 | Disposed | 18641 | Direct |
Footnotes
F1: Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of LRAD common stock.
F2: On January 6, 2020, the issuer granted to the reporting person 10,000 restricted stock units (RSU's).
F3: Represents shares of common stock retained by the issuer to satisfy the reporting person's tax withholding obligations resulting from the vesting of previously reported restricted stock unit awards.
F4: 1/3 of the shares subject to the RSU's vest on each of the first three anniversaries of the date of grant such that the RSU's are fully vested on the third anniversary.