(DSPG)

Role: Director
Signature: /s/ Cynthia Paul
Stock symbol: DSPG
Transactions as of: Dec 2, 2021
Transactions value $: -$12,456,576
Form type: 4
Date filed: 12/2/2021, 05:17 PM
Next filing: Mar 13, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Date	Ownership	Footnotes
transaction	DSPG	Common Stock	Disposed to Issuer	-$133K	-6.06K	-100%	$22.00	Dec 2, 2021	Direct	F1
transaction	DSPG	Common Stock	Disposed to Issuer	-$405K	-18.4K	-100%	$22.00	Dec 2, 2021	Direct	F2
transaction	DSPG	Common Stock	Disposed to Issuer	-$9.59M	-436K	-100%	$22.00	Dec 2, 2021	By Lynrock Lake LP	F3, F4
transaction	DSPG	Common Stock	Disposed to Issuer	-$2.33M	-106K	-100%	$22.00	Dec 2, 2021	By Lynrock Lake Master Fund LP	F3, F4

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	DSPG	Stock Option (Right to Buy)	Disposed to Issuer	$0	-6K	-100%	$0.00^*	0	Dec 2, 2021	Common Stock	6K	$11.75	Direct	F5

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

Cynthia Paul is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	The amount reported represents the number of shares of Issuer common stock subject to the Issuer RSU awards held by Ms. Paul, each of which will be accelerated, fully vested and canceled as of immediately prior to the Effective Time of the merger in exchange for an amount in cash equal to the product obtained by multiplying (1) the aggregate number of shares of Issuer common stock subject to the Issuer RSU award by (2) the merger consideration of $22.00 per share.
F2	Represents 18,420 shares outstanding.
F3	Represents an aggregate of 541,724 shares outstanding held indirectly through partnerships.
F4	The reporting person is a general partner of the partnership that owns the reported securities. The reporting person disclaims beneficial ownership of the reported securities except to the extent of her pecuniary interest therein.
F5	Options vest in full and become exercisable as to 100% of the shares subject to the option award on the first anniversary of the date of grant. This option is being canceled as of immediately prior to the Effective Time of the Merger in exchange for an amount in cash equal to the product obtained by multiplying (1) the aggregate number of shares of Issuer common stock subject to the option award by (2) the difference between the exercise price of the option and the merger consideration of $22.00 per share.

Remarks:

This Form 4 reports securities disposed of under the terms of the Agreement and Plan of Merger (the "Merger Agreement"), dated August 30, 2021, by and among DSP Group, Inc., a Delaware corporation (the "Issuer"), Synaptics Incorporated, a Delaware corporation ("Parent"), and Osprey Merger Sub, Inc., a Delaware corporation and a wholly-owned subsidiary of Parent ("Merger Sub"). Pursuant to the Merger Agreement, at the Effective Time (as defined in the Merger Agreement), the Merger Sub will be merged with and into the Issuer, with the Issuer surviving as a wholly-owned subsidiary of the Parent (the "Merger"). A copy of the Merger Agreement is included as Exhibit 2.1 to the Issuer's Form 8-K filed with the SEC on August 30, 2021.