Laura Clague - Feb 23, 2022 Form 4 Insider Report for Genasys Inc. (GNSS)

Role: Director
Signature: /s/ Dennis Klahn
Stock symbol: GNSS
Transactions as of: Feb 23, 2022
Transactions value $: $132
Form type: 4
Date filed: 2/24/2022, 12:54 PM
Previous filing: Feb 2, 2022
Next filing: Mar 17, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GNSS	Common Stock	Options Exercise	$43.2K	+20K	+10.1%	$2.16	218K	Feb 23, 2022	Direct
transaction	GNSS	Common Stock	Sale	-$43.1K	-13.7K	-6.29%	$3.14	204K	Feb 23, 2022	Direct	F1, F2
holding	GNSS	Common Stock						2K	Feb 23, 2022	by spouse

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	GNSS	Stock Option	Options Exercise	$0	+20K		$0.00^*	0	Feb 23, 2022	Common Stock	20K	$2.16	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reporting person disposed of these shares to cover the cost and tax withholding obligations related to exercising the options that were scheduled to expire March 18, 2022.
F2	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $3.10 to $3.20, inclusive. The reporting owner undertakes to provide Genasys Inc. and the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote 2 of this Form 4.

Content

The reporting person disposed of these shares to cover the cost and tax withholding obligations related to exercising the options that were scheduled to expire March 18, 2022.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $3.10 to $3.20, inclusive. The reporting owner undertakes to provide Genasys Inc. and the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote 2 of this Form 4.