Shahinian Eric 4
4 · Liberated Syndication Inc. · Filed Dec 7, 2020
Insider Transaction Report
Form 4
Shahinian Eric
Director
Transactions
- Purchase
Common Stock
2020-12-03$3.80/sh+8,534$32,420→ 2,137,333 total(indirect: See Table Footnote)
Footnotes (2)
- [F1]Reflects the weighted average price of 8,534 shares of common stock of Liberated Syndication Inc. purchased by the reporting person in multiple transactions on December 3,2020 with purchase prices ranging from $3.79 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.
- [F2]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, as the general partner of Camac Fund, and Camac Partners, LLC, 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.