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Genasys Inc. Director's Dealing 2006

Mar 17, 2006

34184_dirs_2006-03-17_3989a08c-5dca-44e0-a864-a9456b86d475.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: 2006-03-15

Reporting Person: Smith Raymond C (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-03-15	Employee Stock Option (right to buy)	$3.32	A	50000	Acquired	2011-03-15	Common Stock (50000)	Direct

Footnotes

F1: Grant to reporting person on March 15, 2006, of an option to purchase 50,000 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.