UNITED
STATES
SECURITIES
& EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
______________________
SCHEDULE
13G
UNDER THE
SECURITIES EXCHANGE ACT OF 1934
(Amendment
No. )*
Synaptics
Incorporated
(Name of
Issuer)
Common
Stock
(Title of
Class of Securities)
87157D 10
9
(CUSIP
Number)
December
23, 2009
(Date of
event which requires filing of this statement)
Check the appropriate box to designate
the rule pursuant to which this Schedule 13G is filed:
|
[x]
|
Rule
13d-1(b)
|
|
[
]
|
Rule
13d-1(c)
|
|
[
]
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Rule
13d-1(d)
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(Page 1
of 7 Pages)
________________
* The
remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The
information required in the remainder of this cover page shall not be deemed to
be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934
("Act") or otherwise subject to the liabilities of that section of the Act but
shall be subject to all other provisions of the Act (however, see the
Notes).
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CUSIP
No. 87157D 10 9
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13G
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Page
2 of 7 Pages
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1
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NAME
OF REPORTING PERSON
I.R.S.
IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Hussman
Strategic Growth Fund, an investment portfolio of Hussman Investment
Trust
52-2226627
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||
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2
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CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) o
(b) x
|
||
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3
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SEC
USE ONLY
|
||
|
4
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CITIZENSHIP
OR PLACE OF ORGANIZATION
Ohio
U.S.A.
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||
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NUMBER
OF SHARES
|
5
|
SOLE
VOTING POWER
0
|
|
|
BENEFICIALLY
OWNED BY
|
6
|
SHARED
VOTING POWER
1,744,000
|
|
|
EACH
REPORTING
|
7
|
SOLE
DISPOSITIVE POWER
0
|
|
| PERSON WITH |
8
|
SHARED
DISPOSITIVE POWER
1,744,000
|
|
|
9
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH PERSON
1,744,000
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||
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10
|
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
|
o
|
|
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11
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PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.13%
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||
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12
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TYPE
OF REPORTING PERSON*
IV
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||
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CUSIP
No. 87157D 10 9
|
13G
|
Page
3 of 7 Pages
|
|
1
|
NAME
OF REPORTING PERSON
I.R.S.
IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Hussman
Econometrics Advisors,
Inc. 38-3083913
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||
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2
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CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)
o
(b)
x
|
||
|
3
|
SEC
USE ONLY
|
||
|
4
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CITIZENSHIP
OR PLACE OF ORGANIZATION
Maryland
U.S.A.
|
||
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NUMBER
OF SHARES
|
5
|
SOLE
VOTING POWER
0
|
|
|
BENEFICIALLY
OWNED BY
|
6
|
SHARED
VOTING POWER
1,744,000
|
|
|
EACH
REPORTING
|
7
|
SOLE
DISPOSITIVE POWER
0
|
|
| PERSON WITH |
8
|
SHARED
DISPOSITIVE POWER
1,744,000
|
|
|
9
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH PERSON
1,744,000
|
||
|
10
|
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
|
o
|
|
|
11
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.13%
|
||
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12
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TYPE
OF REPORTING PERSON*
IA
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||
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CUSIP
No. 87157D 10 9
|
13G
|
Page
4 of 7 Pages
|
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Item
1(a).
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Name
of Issuer:
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The name of the issuer
is Synaptics Incorporated (the "Issuer").
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Item
1(b).
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Address
of Issuer's Principal Executive
Offices:
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3120
Scott Boulevard
Santa
Clara, California 95054
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Item
2(a).
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Name
of Person Filing:
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This statement is filed
by:
(i) Hussman Strategic Growth
Fund (the "Fund"), an investment portfolio of Hussman Investment Trust (the
"Trust"), an open-end management investment company, with respect to the Common
Stock directly owned by it; and
(ii) Hussman Econometrics Advisors,
Inc. (the "Adviser"), a Maryland corporation, with respect to the Common Stock
directly owned by the Fund.
The foregoing persons are hereinafter
sometimes referred to collectively as the "Reporting Persons." Any
disclosures herein with respect to persons other than the Reporting Persons are
made on information and belief after making inquiry to the appropriate
party.
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Item
2(b).
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Address
of Principal Business Office or, if None,
Residence:
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The address of the business office of
each of the Reporting Persons is c/o Ultimus Fund Solutions, LLC, 225 Pictoria
Drive, Suite 450, Cincinnati, Ohio 45246.
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Item
2(c).
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Citizenship:
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The Trust is an unincorporated business
trust that was organized under Ohio law on June 1, 2000. The Adviser
is a Maryland corporation.
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Item
2(d).
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Title
of Class of Securities:
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Common Stock
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CUSIP
No. 87157D 10 9
|
13G
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Page
5 of 7 Pages
|
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Item
2(e).
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CUSIP
Number:
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87157D 10 9
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Item
3.
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If
this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b) or (c),
check whether the person filing is
a:
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(a)
[ ]
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Broker
or dealer registered under Section 15 of the
Act,
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(b)
[ ]
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Bank
as defined in Section 3(a)(6) of the
Act,
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(c)
[ ]
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Insurance
Company as defined in Section 3(a)(19) of the
Act,
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(d)
[x]
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Investment
Company registered under Section 8 of the Investment Company Act of 1940,
[with respect to the Trust]
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(e)
[x]
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Investment
Adviser in accordance with Rule 13d-1 (b)(1)(ii)(E), [with respect to the
Adviser]
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(f)
[ ]
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Employee
Benefit Plan or Endowment Fund in accordance with 13d-1
(b)(1)(ii)(F),
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(g)
[ ]
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Parent
Holding Company or control person in accordance with Rule 13d-1
(b)(1)(ii)(G),
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(h)
[ ]
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Savings
Association as defined in Section 3(b) of the Federal Deposit Insurance
Act,
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(i)
[ ]
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Church
Plan that is excluded from the definition of an investment company under
Section 3(c)(14) of the Investment Company Act of
1940,
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(j)
[ ]
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Group,
in accordance with Rule
13d-1(b)(1)(ii)(J).
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If this statement is filed pursuant to
13d-1(c), check this box: [ ]
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CUSIP
No. 87157D 10 9
|
13G
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Page
6 of 7 Pages
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Item
4.
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Ownership.
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A.
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Hussman
Strategic Growth Fund
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(a)
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Amount
beneficially
owned: 1,744,000
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(b)
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Percent
of class: 5.13% The percentages used herein
and in the rest of Item 4 are calculated based upon the 34,005,000 shares
of Common Stock issued and outstanding as of December 31,
2009.
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(c)
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(i)
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Sole
power to vote or direct the
vote: 0
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(ii)
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Shared
power to vote or direct the
vote: 1,744,000
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(iii)
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Sole
power to dispose or direct the
disposition: 0
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(iv)
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Shared
power to dispose or direct the
disposition: 1,744,000
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B.
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Hussman
Econometrics Advisors, Inc.
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(a)
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Amount
beneficially
owned: 1,744,000
|
|
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(b)
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Percent
of class: 5.13% The percentages used herein
and in the rest of Item 4 are calculated based upon the 34,005,000
shares of Common Stock issued and outstanding as of December 31,
2009.
|
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(c)
|
|
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(i)
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Sole
power to vote or direct the
vote: 0
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(ii)
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Shared
power to vote or direct the
vote: 1,744,000
|
|
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(iii)
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Sole
power to dispose or direct the
disposition: 0
|
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(iv)
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Shared
power to dispose or direct the
disposition: 1,744,000
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The Fund has the power to
dispose of and the power to vote the shares of Common Stock beneficially owned
by it, which power may be exercised by its adviser, Hussman Econometrics
Advisors, Inc. By reason of the provisions of Rule 13d-3 of the
Securities Exchange Act of 1934, the Adviser each may be deemed to beneficially
own the shares of Common Stock owned by the Fund.
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Item
5.
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Ownership
of Five Percent or Less of a Class.
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Not applicable.
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Item
6.
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Ownership
of More than Five Percent on Behalf of Another
Person.
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Hussman Econometrics Advisors, Inc. has
the power to direct the affairs of the Fund, including decisions respecting the
disposition of the proceeds from the sale of the shares of Common
Stock.
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Item
7.
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Identification
and Classification of the Subsidiary Which Acquired the Security Being
Reported on by the Parent Holding
Company.
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Not applicable.
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CUSIP
No. 87157D 10 9
|
13G
|
Page
7 of 7 Pages
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Item
8.
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Identification
and Classification of Members of the
Group.
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Not applicable.
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Item
9.
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Notice
of Dissolution of Group.
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Not applicable.
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Item
10.
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Certification.
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Each of the Reporting Persons hereby
makes the following certification:
By
signing below each Reporting Person certifies that, to the best of its knowledge
and belief, the securities referred to above were not acquired and are not held
for the purpose of or with the effect of changing or influencing 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.
SIGNATURES
After
reasonable inquiry and to the best of our knowledge and belief, the undersigned
certify that the information set forth in this statement is true, complete and
correct.
DATED: February
1, 2010
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HUSSMAN
INVESTMENT TRUST
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By:
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/s/ John P.
Hussman
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Name: John
P. Hussman
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Title: President
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HUSSMAN
ECONOMETRICS ADVISORS, INC.
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By:
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/s/ John P.
Hussman
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Name: John
P. Hussman
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Title: President
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CUSIP
No. 87157D 10 9
|
13G
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EXHIBIT
1
JOINT
ACQUISITION STATEMENT
PURSUANT
TO RULE 13d-1(k)
The
undersigned acknowledge and agree that the foregoing statement on Schedule 13G,
is filed on behalf of each of the undersigned and that all subsequent amendments
to this statement on Schedule 13G, shall be filed on behalf of each of the
undersigned without the necessity of filing additional joint acquisition
statements. The undersigned acknowledge that each shall be responsible for the
timely filing of such amendments, and for the completeness and accuracy of the
information concerning him or it contained therein, but shall not be responsible
for the completeness and accuracy of the information concerning the others,
except to the extent that he or it knows or has reason to believe that such
information is inaccurate.
DATED: February
1, 2010
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HUSSMAN
INVESTMENT TRUST
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By:
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/s/ John P.
Hussman
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Name: John
P. Hussman
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Title: President
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HUSSMAN
ECONOMETRICS ADVISORS, INC.
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By:
|
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/s/ John P.
Hussman
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Name: John
P. Hussman
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Title: President
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SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS
This website contains forward-looking statements that are subject to the safe harbors created under the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended. Forward-looking statements give our current expectations and projections relating to our financial condition, results of operations, plans, objectives, future performance and business, and can be identified by the fact that they do not relate strictly to historical or current facts. Such forward-looking statements may include words such as "expect," "anticipate," "intend," "believe," "estimate," "plan," "target," "strategy," "continue," "may," "will," "should," variations of such words, or other words and terms of similar meaning. All forward-looking statements reflect our best judgment and are based on several factors relating to our operations and business environment, all of which are difficult to predict and many of which are beyond our control. Such factors include, but are not limited to, the risks as identified in the "Risk Factors," "Management's Discussion and Analysis of Financial Condition and Results of Operations" and "Business" sections of our Annual Report on Form 10-K for our most recent fiscal year, and other risks as identified from time to time in our Securities and Exchange Commission reports. Forward-looking statements are based on information available to us on the date hereof, and we do not have, and expressly disclaim, any obligation to publicly release any updates or any changes in our expectations, or any change in events, conditions, or circumstances on which any forward-looking statement is based. Our actual results and the timing of certain events could differ materially from the forward-looking statements. These forward-looking statements do not reflect the potential impact of any mergers, acquisitions, or other business combinations that had not been completed as of the date of this filing.