Eric Shahinian - Mar 14, 2022 Form 4 Insider Report for Liberated Syndication Inc. (LSYN)

Role: Director
Signature: /s/ Eric Shahinian
Stock symbol: LSYN
Transactions as of: Mar 14, 2022
Transactions value $: $2,000,003
Form type: 4
Date filed: 3/16/2022, 06:03 AM
Previous filing: Jan 4, 2022
Next filing: Aug 15, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LSYN	Common Stock	Purchase	$2M	+533K	+11.32%	$3.75	5.24M	Mar 14, 2022	See footnote	F1
holding	LSYN	Common Stock						50K	Mar 14, 2022	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 the investment 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 ("Camac Partners"), 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 all other 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 the investment 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 ("Camac Partners"), 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 all other purposes. Mr. Shahinian disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.