Turtle Beach Corp — Director's Dealing 2011

Jul 1, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Parametric Sound Corp (PAMT)
CIK: 0001493761
Period of Report: 2011-06-30

Reporting Person: NORRIS ELWOOD G (Director, President and CEO, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-06-30	Common Stock	M	200000	$0.3	Acquired	534659	Indirect
2011-06-30	Common Stock	A	65754	$0.7	Acquired	600413	Indirect
2011-06-30	Common Stock	M	338000	$0.3	Acquired	338000	Indirect
2011-06-30	Common Stock	A	111123	$0.7	Acquired	449123	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-06-30	Warrant (right to buy)	$0.3	M	200000	Disposed	2015-09-28	Common Stock (200000)	Indirect
2011-06-30	Warrant (right to buy)	$0.3	M	338000	Disposed	2015-09-28	Common Stock (338000)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1839217	Indirect
Common Stock	128598	Direct
Common Stock	22498	Indirect

Footnotes

F1: Exercise of warrants according to terms with proceeds offset against related note principal.

F2: Stock issued by the Company in exchange for $40,000 principal and $6,027 of interest on note owed to reporting person.

F3: Syzygy Licensing exercised warrants on 520,000 shares with proceeds offset against related note principal owed to it by the Company. Mr. Norris indirect pecuniary interest in the warrants and shares held by Syzygy is 338,000.

F4: The Company issued 170,959 shares in exchange for $104,000 principal and $15,671 interest on note owed to Syzygy. Mr. Norris indirect pecuniary interest in the shares acquired is 111,123.