Eric Shahinian - 03 Jun 2021 Form 4 Insider Report for Liberated Syndication Inc.

Role
Director
Signature
/s/ Eric Shahinian
Issuer symbol
N/A
Transactions as of
03 Jun 2021
Net transactions value
+$8,000,002
Form type
4
Filing time
07 Jun 2021, 17:16:28 UTC
Next filing
29 Nov 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LSYN Common stock Purchase $8,000,002 +2,133,334 +100% $3.75 4,270,667 03 Jun 2021 See footnote F1
holding LSYN Common stock 25,000 03 Jun 2021 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Camac Fund, LP ("Camac Fund") directly beneficially owns all such shares and is controlled by Eric Shahinian. As such, Mr. Shahinian is in a position indirectly to determine theinvestment and voting decisions made by Camac Fund. Each of Camac Capital, LLC ("Camac Capital"), as the general partner of Camac Fund, and Camac Partners, LLC ("CamacPartners"), as the investment manager of Camac Fund, may be deemed to have the power to direct the voting and disposition of the shares of Common Stock beneficially owned by Camac Fund, and may be deemed to be the indirect beneficial owner of such shares. Each of Camac Capital and Camac Partners disclaims beneficial ownership of such shares for allother purposes. Mr. Shahinian disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.