13G Filing: Lyon Street Capital and Health Insurance Innovations Inc. (HIIQ)

Page 8 of 10

Page 8 of 10 – SEC Filing

Item 5. Ownership of Five Percent
or Less of a Class.

 

If this statement is being filed to report the fact that as of the
date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check
the following [ ].

Item 6. Ownership of More than
Five Percent on Behalf of Another Person.

 

Lyon St. is a registered investment adviser and is the general partner
and investment adviser of LSI and LSQI. Lyon St.’s clients have the right to receive or the power to direct the
receipt of dividends from, or the proceeds from the sale of, the Stock. No individual Lyon St. client, other than LSI and LSQI separately holds more than five percent of the outstanding Stock.

Item 7. Identification and Classification
of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.

 

Not applicable.

Item 8. Identification and Classification
of Members of the Group.

Mr. Freckmann manages Lyon St. and its clients. The Filers are filing this
Schedule 13G jointly, but not as members of a group, and each of them expressly disclaims membership in a group. Each Filer disclaims
beneficial ownership of the Stock except to the extent of that Filer’s pecuniary interest therein. In addition, the filing of this
Schedule 13G on behalf of LSI and LSQI should not be construed as an admission
that any of them is, and each disclaims that it is, a beneficial owner, as defined in Rule 13d-3 under the Securities Exchange
Act of 1934, of any of the Stock covered by this Schedule 13G.

Item 9. Notice of Dissolution
of Group.

Not applicable.

Item 10. Certification of Filers:

By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and
are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were
not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

8

Follow Benefytt Technologies Inc. (NASDAQ:BFYT)

Page 8 of 10