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: BARNES JAMES A (CFO, Treasurer and Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-06-30	Common Stock	M	182000	$0.3	Acquired	182000	Indirect
2011-06-30	Common Stock	A	59836	$0.7	Acquired	241836	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-06-30	Warrant (right to buy)	$0.3	M	182000	Disposed	2015-09-28	Common Stock (182000)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	215000	Indirect
Common Stock	230000	Indirect
Common Stock	15000	Indirect
Common Stock	3000	Indirect
Common Stock	2750	Indirect

Footnotes

F1: Syzygy Licensing exercised warrants on 520,000 shares with proceeds offset against related note principal owed to it by the Company. Mr. Barnes indirect pecuniary interest in the warrants and shares held by Syzygy is 182,000.

F2: The Company issued 170,959 shares of stock in exchange for $104,000 principal and $15,671 of interest on note owed to Syzygy. Mr. Barnes indirect pecuniary interest in the shares acquired is 59,836 shares.

F3: Mr. Barnes disclaims any beneficial interest in the shares held by spouse's personal retirement plan.