Richard S. Danforth - 07 Jun 2023 Form 4 Insider Report for Genasys Inc. (GNSS)

Role: CEO, Director
Signature: /s/ Dennis D. Klahn as attorney-in-fact for Richard Danforth
Issuer symbol: GNSS
Transactions as of: 07 Jun 2023
Net transactions value: +$1.35
Form type: 4
Filing time: 09 Jun 2023, 16:40:38 UTC
Previous filing: 31 May 2023
Next filing: 21 Aug 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GNSS	Common stock	Tax liability	$299,997	-109,488	-71%	$2.74	43,939	07 Jun 2023	Direct
transaction	GNSS	Common stock	Options Exercise	$299,998	+150,753	+343%	$1.99	194,692	07 Jun 2023	Direct

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 options	Options Exercise	$0	-150,753	-100%	$0.000000^*	0	07 Jun 2023	Common stock	150,753	$1.99	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Grant to reporting person on August 1, 2016, of an option to purchase 375,000 shares. The option vested as to 1/3 of the shares on August 1, 2017, and 1/12 of the shares quarterly thereafter until fully vested.