---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-345308"
form_type: "8-K"
ticker: "SYNA"
cik: "0000817720"
company_name: "SYNAPTICS Inc"
filed_at: "2021-12-01T23:59:59+00:00"
generated_at: "2026-06-28T04:41:02.241448+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Synaptics agrees to $58M sale-leaseback of San Jose properties; signs 12-year leaseback

## Summary
- Purchase price $58M for properties at 1109-1251 McKay Dr and 1140-1150 Ringwood Ct, San Jose.
- Closing expected in Q3 fiscal 2022 (Feb 2022), subject to customary conditions.
- Synaptics will lease back buildings at 1109 and 1151 McKay Dr for initial 12-year term, with option to extend 7 more years.
- Net proceeds reduced by transaction commissions and expenses.
- Transaction structured as sale-leaseback; buyer is S B C & D Co. d/b/a South Bay Development Company.

## SEC filing metadata
- accession: 0001193125-21-345308
- form_type: 8-K
- ticker: SYNA
- cik: 0000817720
- company_name: SYNAPTICS Inc
- filed_at: 2021-12-01T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/817720/000119312521345308/0001193125-21-345308-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/817720/000119312521345308/d200710d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-345308
- JSON: https://secwatch.observer/filing/0001193125-21-345308.json
- Plain text: https://secwatch.observer/filing/0001193125-21-345308.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.