Kishore Seendripu - Feb 20, 2025 Form 4 Insider Report for MAXLINEAR, INC (MXL)

Role
Chairman, President and CEO, Director, 10%+ Owner
Signature
/s/ Connie Kwong, as Attorney-in-Fact
Stock symbol
MXL
Transactions as of
Feb 20, 2025
Transactions value $
$0
Form type
4
Date filed
2/24/2025, 04:40 PM
Previous filing
Jul 30, 2024
Next filing
Mar 5, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MXL Common Stock Award $0 +8.15K +1.18% $0.00 698K Feb 20, 2025 Direct F1, F2
holding MXL Common Stock 740K Feb 20, 2025 See footnote F3
holding MXL Common Stock 300K Feb 20, 2025 See footnote F4
holding MXL Common Stock 300K Feb 20, 2025 See footnote F5
holding MXL Common Stock 78.4K Feb 20, 2025 See footnote F6
holding MXL Common Stock 78.4K Feb 20, 2025 See footnote F7
holding MXL Common Stock 183K Feb 20, 2025 See footnote F8
holding MXL Common Stock 18.9K Feb 20, 2025 See footnote F9
holding MXL Common Stock 448K Feb 20, 2025 See footnote F10
holding MXL Common Stock 448K Feb 20, 2025 See footnote F11
holding MXL Common Stock 296K Feb 20, 2025 See footnote F12
holding MXL Common Stock 296K Feb 20, 2025 See footnote F13
holding MXL Common Stock 296K Feb 20, 2025 See footnote F14
holding MXL Common Stock 296K Feb 20, 2025 See footnote F15
holding MXL Common Stock 251K Feb 20, 2025 See footnote F16
holding MXL Common Stock 251K Feb 20, 2025 See footnote F17
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Common Stock issued to the Reporting Person for the 2024 performance period under the Company's Executive Incentive Bonus Plan (the "Bonus Plan"). All shares were issued pursuant to the Company's Amended and Restated 2010 Equity Incentive Plan. Grant amounts were determined based on the award amount earned under the Bonus Plan and the closing price of the Company's Common Stock in trading on The Nasdaq Global Select Market on February 20, 2025. The Reporting Person has deferred settlement of the shares until March 3, 2025.
F2 The amount reported includes an additional 14,441 shares previously omitted from prior Section 16 filings due to a clerical error.
F3 Shares held by the Seendripu Family Trust dated 10/5/09, a trust for the benefit of the Reporting Person and the Reporting Person's spouse, for which the Reporting Person and the Reporting Person's spouse serve as trustees. Includes 104,049 shares transferred from the Kishore V. Seendripu 2022 Annuity Trust A on August 1, 2024 and 104,049 shares transferred from the Rekha S. Seendripu 2022 Annuity Trust A on August 1, 2024.
F4 Shares held by the Kishore V. Seendripu 2024 Annuity Trust A, a grantor retained annuity trust for the benefit of the Reporting Person, for which the Reporting Person serves as trustee.
F5 Shares held by the Rekha S. Seendripu 2024 Annuity Trust A, a grantor retained annuity trust for the benefit of the Reporting Person, for which the Reporting Person serves as trustee.
F6 Shares held by the Kishore V. Seendripu 2022 Annuity Trust B, a grantor retained annuity trust, for which the Reporting Person serves as trustee.
F7 Shares held by the Rekha S. Seendripu 2022 Annuity Trust B, a grantor retained annuity trust, for which the Reporting Person serves as trustee.
F8 Shares held by The Seendripu Family Fund, a donor advised fund, for which the Reporting Person serves an advisor.
F9 Shares held by the Seendripu Relatives Trust dated 10/5/09, a trust for the benefit of the Reporting Person's parents and siblings, and for which the Reporting Person serves as trustee.
F10 Shares held by the Samira Seendripu Trust dtd 10/5/2009, a trust for the benefit of the Reporting Person's child, and for which the Reporting Person's sibling serves as trustee. The Reporting Person disclaims Section 16 beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such shares for Section 16 or any other purpose.
F11 Shares held by the Ishan Krishna Seendripu Trust dtd 10/5/09, a trust for the benefit of the Reporting Person's child, and for which the Reporting Person's sibling serves as trustee. The Reporting Person disclaims Section 16 beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such shares for Section 16 or any other purpose.
F12 Shares held by the Ishan Krishna Seendripu Trust #2 dtd 07/14/2023, a trust for the benefit of the Reporting Person's child, and of which the trustee is an independent entity. The Reporting Person disclaims Section 16 beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such shares for Section 16 or any other purpose.
F13 Shares held by the Samira Seendripu Trust #2 dtd 07/14/2023, a trust for the benefit of the Reporting Person's child, and of which the trustee is an independent entity. The Reporting Person disclaims Section 16 beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such shares for Section 16 or any other purpose.
F14 Shares held by the IKS Heritage Trust #2 dtd 07/14/2023, a trust for the benefit of the Reporting Person's child, and of which the trustee is an independent entity. The Reporting Person disclaims Section 16 beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such shares for Section 16 or any other purpose.
F15 Shares held by the SS Heritage Trust #2 dtd 07/14/2023, a trust for the benefit of the Reporting Person's child, and of which the trustee is an independent entity. The Reporting Person disclaims Section 16 beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such shares for Section 16 or any other purpose.
F16 Shares held by the SS Heritage Trust dated July 13, 2020, a trust for the benefit of the Reporting Person's child, and for which the Reporting Person serves as co-trustee.
F17 Shares held by the IKS Heritage Trust dated July 13, 2020, a trust for the benefit of the Reporting Person's child, and for which the Reporting Person serves as co-trustee.