SEC Form SC 13G/A filed by Synaptics Incorporated (Amendment)

6/12/23 8:21:19 AM ET

Semiconductors

Technology

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SC 13G/A 1 filing.txt SCHEDULE 13G Amendment No.5 SYNAPTICS INC COMMON STOCK Cusip #87157D109 Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [x] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) Cusip #87157D109 Item 1: Reporting Person - FMR LLC Item 2: (a) [ ] (b) [ ] Item 4: Delaware Item 5: 1,037,045 Item 6: 0 Item 7: 1,037,604 Item 8: 0 Item 9: 1,037,604 Item 11: 2.625% Item 12: HC Cusip #87157D109 Item 1: Reporting Person - Abigail P. Johnson Item 2: (a) [ ] (b) [ ] Item 4: United States of America Item 5: 0 Item 6: 0 Item 7: 1,037,604 Item 8: 0 Item 9: 1,037,604 Item 11: 2.625% Item 12: IN Item 1(a). Name of Issuer: SYNAPTICS INC Item 1(b). Address of Issuer's Principal Executive Offices: 1109 MCKAY DRIVE San Jose, CA 95131-1706 USA Item 2(a). Name of Person Filing: FMR LLC Item 2(b). Address or Principal Business Office or, if None, Residence: 245 Summer Street, Boston, Massachusetts 02210 Item 2(c). Citizenship: Not applicable Item 2(d). Title of Class of Securities: COMMON STOCK Item 2(e). CUSIP Number: 87157D109 Item 3. This statement is filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c) and the person filing, FMR LLC, is a parent holding company in accordance with Section 240.13d-1(b)(1)(ii)(G). (Note: See Exhibit A). Item 4. Ownership (a) Amount Beneficially Owned: 1,037,604 (b) Percent of Class: 2.625% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: Please see the responses to Items 5 and 6 on the cover page (ii) shared power to vote or to direct the vote: 0 (iii) sole power to dispose or to direct the disposition of: 1,037,604 (iv) shared power to dispose or to direct the disposition of: 0 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 (X). Item 6. Ownership of More than Five Percent on Behalf of Another Person. One or more other persons are known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the COMMON STOCK of SYNAPTICS INC. No one other person's interest in the COMMON STOCK of SYNAPTICS INC is more than five percent of the total outstanding COMMON STOCK. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. See attached Exhibit A. Item 8. Identification and Classification of Members of the Group. Not applicable. Item 9. Notice of Dissolution of Group. Not applicable. Item 10. Certifications. 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 orinfluencing 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. Signature After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. June 9, 2023 Date /s/ Stephanie J. Brown Signature Stephanie J. Brown Duly authorized under Power of Attorney effective as of January 3, 2023, by and on behalf of FMR LLC and its direct and indirect subsidiaries* * This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 10, 2023, accession number: 0000315066-23-000003. Exhibit A Pursuant to the instructions in Item 7 of Schedule 13G, the following table lists the identity and Item 3 classification, if applicable, of each relevant entity that beneficially owns shares of the security class being reported on this Schedule 13G. Entity ITEM 3 Classification FIAM LLC IA Fidelity Institutional Asset Management Trust Company BK Fidelity Management & Research Company LLC IA Fidelity Management Trust Company BK Strategic Advisers LLC IA Abigail P. Johnson is a Director, the Chairman and the Chief Executive Officer of FMR LLC. Members of the Johnson family, including Abigail P. Johnson, are the predominant owners, directly or through trusts, of Series B voting common shares of FMR LLC, representing 49% of the voting power of FMR LLC. The Johnson family group and all other Series B shareholders have entered into a shareholders' voting agreement under which all Series B voting common shares will be voted in accordance with the majority vote of Series B voting common shares. Accordingly, through their ownership of voting common shares and the execution of the shareholders' voting agreement, members of the Johnson family may be deemed, under the Investment Company Act of 1940, to form a controlling group with respect to FMR LLC. This filing reflects the securities beneficially owned, or that may be deemed to be beneficially owned, by FMR LLC, certain of its subsidiaries and affiliates, and other companies (collectively, the "FMR Reporters"). This filing does not reflect securities, if any, beneficially owned by certain other companies whose beneficial ownership of securities is disaggregated from that of the FMR Reporters in accordance with Securities and Exchange Commission Release No. 34-39538 (January 12, 1998). RULE 13d-1(k)(1) AGREEMENT The undersigned persons, on June 9, 2023, agree and consent to the joint filing on their behalf of this Schedule 13G in connection with their beneficial ownership of the COMMON STOCK of SYNAPTICS INC at May 31, 2023. FMR LLC By /s/ Stephanie J. Brown Stephanie J. Brown Duly authorized under Power of Attorney effective as of January 3, 2023, by and on behalf of FMR LLC and its direct and indirect subsidiaries* Abigail P. Johnson By /s/ Stephanie J. Brown Stephanie J. Brown Duly authorized under Power of Attorney effective as of January 26, 2023, by and on behalf of Abigail P. Johnson** * This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 10, 2023, accession number: 0000315066-23-000003. ** This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 31, 2023, accession number: 0000315066-23-000038.

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SEC Form SC 13G/A filed by Synaptics Incorporated (Amendment)

6/12/23 8:21:19 AM ET

$SYNA

Semiconductors

Technology

Get the next $SYNA alert in real time by email

Recent Analyst Ratings for

$SYNA

Date	Price Target	Rating	Analyst
8/18/2025	$78.00	Overweight	Barclays
5/9/2025	$80.00	Buy	Needham
11/8/2024	$90.00 → $100.00	Buy	TD Cowen
10/8/2024		Overweight → Sector Weight	KeyBanc Capital Markets
8/9/2024	$115.00 → $90.00	Buy	TD Cowen
5/10/2024	$135.00 → $115.00	Buy	TD Cowen
2/9/2024	$105.00	Buy → Hold	Craig Hallum
2/9/2024	$115.00 → $135.00	Outperform	TD Cowen

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SEC Form SC 13G/A filed by Synaptics Incorporated (Amendment)

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Synaptics Incorporated filed SEC Form 8-K: Results of Operations and Financial Condition, Other Events, Financial Statements and Exhibits

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SEC Form SD filed by Synaptics Incorporated

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Officer Rizvi Ken bought $248,940 worth of shares (3,600 units at $69.15), increasing direct ownership by 15% to 27,630 units (SEC Form 4)

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Officer Patel Rahul G. was granted 130,965 units of Common Stock (SEC Form 4)

Officer Ganesan Satish covered exercise/tax liability with 98 shares, decreasing direct ownership by 0.16% to 60,000 units (SEC Form 4)

Officer Song Esther covered exercise/tax liability with 84 shares, decreasing direct ownership by 0.61% to 13,605 units (SEC Form 4)

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Analyst Ratings

Barclays initiated coverage on Synaptics with a new price target

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Press Releases

Synaptics Reports Fourth Quarter and Full Year Fiscal 2025 Results

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Synaptics Names Rahul Patel as President and Chief Executive Officer

Synaptics Appoints Ken Rizvi as Chief Financial Officer

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Large Ownership Changes

Amendment: SEC Form SC 13G/A filed by Synaptics Incorporated

SEC Form SC 13G filed by Synaptics Incorporated