STEVEN G. LITCHFIELD - 20 Aug 2021 Form 4 Insider Report for MAXLINEAR INC (MXL)

Role
Chief Financial Officer and Chief Corporate Strategy Officer
Signature
/s/ Connie Kwong, as Attorney-in-Fact
Issuer symbol
MXL
Transactions as of
20 Aug 2021
Transactions value $
-$79,696
Form type
4
Filing time
24 Aug 2021, 17:47:34 UTC
Previous filing
02 Jun 2021
Next filing
07 Sep 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 +1.61K +1.53% $0.00 107K 20 Aug 2021 Direct F1
transaction MXL Common Stock Tax liability -$79.7K -1.61K -1.51% $49.47 105K 20 Aug 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 -1.61K -11.03% $0.00 13K 20 Aug 2021 Common Stock 1.61K Direct F1, F2
* 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 52,000 RSUs will vest on August 20, 2019, and one-sixteenth (1/16th) of the RSUs will vest on each November 20, February 20, May 20, and August 20 thereafter, such that the award will be fully vested on August 20, 2022.

Remarks:

Chief Financial Officer and Chief Corporate Strategy Officer