Filing Details
- Accession Number:
- 0001654954-20-013196
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-12-03 17:09:35
- Reporting Period:
- 2020-12-01
- Accepted Time:
- 2020-12-03 17:09:35
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1667489 | Liberated Syndication Inc. | LSYN | Radio Broadcasting Stations (4832) | 475224851 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1790877 | Eric Shahinian | C/O Camac Partners, Llc 350 Park Avenue, 13Th Floor New York NY 10022 | No | No | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2020-12-01 | 25,133 | $3.71 | 2,093,749 | No | 4 | P | Indirect | See footnote |
Common Stock | Acquisiton | 2020-12-02 | 35,050 | $3.74 | 2,128,799 | No | 4 | P | Indirect | See footnote |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Indirect | See footnote |
No | 4 | P | Indirect | See footnote |
Footnotes
- Reflects the weighted average price of 25,133 shares of common stock of Liberated Syndication Inc. purchased by the reporting person in multiple transactions on December 1,2020 with purchase prices ranging from $3.60 to $3.75 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff,the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each separate price.
- 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, as the general partner of Camac Fund, and Camac Partners, LLC, as the investment manager ofCamac 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 bethe indirect beneficial owner of such shares. Each of Camac Capital and Camac Partners disclaims beneficial ownership of such shares for all other purposes. Mr. Shahiniandis claims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
- Reflects the weighted average price of 35,050 shares of common stock of Liberated Syndication Inc. purchased by the reporting person in multiple transactions on December 2,2020 with purchase prices ranging from $3.69 to $3.80 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff,the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each separate price.