---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-048534"
form_type: "8-K"
ticker: "SYNA"
cik: "0000817720"
company_name: "SYNAPTICS Inc"
filed_at: "2024-11-19T23:59:59+00:00"
generated_at: "2026-05-29T22:49:27.690289+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Synaptics issues $400M convertible notes due 2031; repurchases shares, repays debt

## Summary
- Issued $400M aggregate principal of 0.75% convertible senior notes due 2031; initial purchasers option for additional $50M.
- Initial conversion price ~$99.69/share, a 32.5% premium over $75.24 closing price on Nov 14, 2024.
- Net proceeds ~$387.7M; $44.4M for capped calls, ~$67M to repurchase 890,483 shares, remainder to repay term loan.
- Capped call transactions with cap price $150.48/share (100% premium) to reduce dilution upon conversion.

## SEC filing metadata
- accession: 0001628280-24-048534
- form_type: 8-K
- ticker: SYNA
- cik: 0000817720
- company_name: SYNAPTICS Inc
- filed_at: 2024-11-19T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/817720/000162828024048534/0001628280-24-048534-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/817720/000162828024048534/syna-20241113.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-048534
- JSON: https://secwatch.observer/filing/0001628280-24-048534.json
- Plain text: https://secwatch.observer/filing/0001628280-24-048534.txt

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