JAMES LOUGHEED - 20 May 2021 Form 4 Insider Report for MAXLINEAR INC (MXL)

Role
Vice President, Marketing, High Performance Analog
Signature
/s/ Connie Kwong, as Attorney-in-Fact
Issuer symbol
MXL
Transactions as of
20 May 2021
Transactions value $
-$165,682
Form type
4
Filing time
24 May 2021, 19:17:56 UTC
Previous filing
07 May 2021
Next filing
26 May 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MXL Common Stock Options Exercise $0 +4.63K +5.38% $0.00 90.7K 20 May 2021 Direct F1
transaction MXL Common Stock Tax liability -$166K -4.63K -5.1% $35.80 86K 20 May 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MXL Restricted Stock Units Options Exercise $0 -2.59K -19.86% $0.00 10.5K 20 May 2021 Common Stock 2.59K Direct F1, F2
transaction MXL Restricted Stock Units Options Exercise $0 -637 -8.64% $0.00 6.74K 20 May 2021 Common Stock 637 Direct F1, F3
transaction MXL Restricted Stock Units Options Exercise $0 -1.4K -8.99% $0.00 14.2K 20 May 2021 Common Stock 1.4K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of MaxLinear, Inc. Common Stock.
F2 Subject to the Reporting Person's continuing to be a Service Provider (as defined in the 2010 Equity Incentive Plan) through each applicable vesting date, twenty five percent (25%) of the 83,592 RSUs subject to the award will vest on November 20, 2018, and an additional one-sixteenth (1/16th) of the RSUs subject to the award will vest on each successive February 20, May 20, August 20 and November 20 thereafter, such that the award will be fully vested on November 20, 2021.
F3 Subject to the Reporting Person continuing to be a Service Provider (as defined in the 2010 Equity Incentive Plan) through each applicable vesting date, one-sixteenth (1/16th) of the 26,939 RSUs subject to the award will vest on August 20, 2018, and an additional one-sixteenth (1/16th) of the RSUs subject to the award will vest on each November 20, February 20, May 20, and August 20 thereafter, such that the award will be fully vested on May 20, 2022.
F4 Subject to the Reporting Person's continuing to be a Service Provider (as defined in the 2010 Equity Incentive Plan) through each applicable vesting date, ten percent (10%) of the 20,261 RSUs subject to the award will vest on May 20, 2020; twenty percent (20%) of the RSUs subject to the award will vest on May 20, 2021; thirty percent (30%) of the RSUs subject to the award will vest on May 20, 2022; forty percent (40%) of the RSUs subject to the award will vest on May 20, 2023, such that the award will be fully vested on May 20, 2023.

Remarks:

Vice President, Marketing, High Performance Analog