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Genasys Inc. Director's Dealing 2006

Jul 7, 2006

34184_dirs_2006-07-07_48db1f71-bef5-401b-ab27-c50639f1c8d4.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: 2006-07-05

Reporting Person: Peacock Charles (VP, Gov't and Military Sales)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-07-05	Employee Stock Option (right to buy)	$2.44	A	100000	Acquired	2011-07-05	Common Stock (100000)	Direct

Footnotes

F1: Grant to reporting person on July 5, 2006 of an option to purchase 100,000 shares. The option vests as to 1/4 of the shares on the first anniversary of the grant date and as to 1/16 of the remaining shares quarterly thereafter until fully vested.