Eric Shahinian - Jun 3, 2021 Form 4 Insider Report for Liberated Syndication Inc. (LSYN)

Role: Director
Signature: /s/ Eric Shahinian
Stock symbol: LSYN
Transactions as of: Jun 3, 2021
Transactions value $: $8,000,003
Form type: 4
Date filed: 6/7/2021, 05:16 PM
Next filing: Nov 29, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LSYN	Common stock	Purchase	$8M	+2.13M	+99.81%	$3.75	4.27M	Jun 3, 2021	See footnote	F1
holding	LSYN	Common stock						25K	Jun 3, 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.

Content

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.