Connie Kwong - Mar 3, 2025 Form 4 Insider Report for MAXLINEAR, INC (MXL)

Signature
/s/ Connie Kwong
Stock symbol
MXL
Transactions as of
Mar 3, 2025
Transactions value $
-$89,927
Form type
4
Date filed
3/5/2025, 04:20 PM
Previous filing
Feb 24, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MXL Common Stock Tax liability -$5.58K -407 -0.82% $13.70 49.5K Mar 3, 2025 Direct F1
transaction MXL Common Stock Options Exercise $0 +6.16K +11.36% $0.00 60.3K Mar 3, 2025 Direct F2
transaction MXL Common Stock Tax liability -$84.4K -6.16K -10.2% $13.70 54.2K Mar 3, 2025 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 -304 -36.58% $0.00 527 Mar 3, 2025 Common Stock 304 Direct F2, F3
transaction MXL Restricted Stock Units Options Exercise $0 -690 -20.49% $0.00 2.68K Mar 3, 2025 Common Stock 690 Direct F2, F4
transaction MXL Restricted Stock Units Options Exercise $0 -1.35K -16.14% $0.00 7K Mar 3, 2025 Common Stock 1.35K Direct F2, F5
transaction MXL Restricted Stock Units Options Exercise $0 -3.82K -22.39% $0.00 13.2K Mar 3, 2025 Common Stock 3.82K Direct F2, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person deferred delivery of shares of the Company's Common Stock awarded for the 2024 performance period under the Company's Executive Incentive Bonus Plan reported in the Form 4 filed February 24, 2025. On March 3, 2025, the deferred shares were settled and shares withheld by the Company to satisfy tax withholding obligations (and the net issuance) are based on the closing price of the Company's Common Stock in trading on the Nasdaq Global Select Market on March 3, 2025.
F2 Each restricted stock unit ("RSU") represents a contingent right to receive one share of MaxLinear, Inc. Common Stock.
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, twenty five percent (25%) of the 2,110 RSUs subject to the award vested on February 20, 2023, and twenty five percent (25%) of the RSUs subject to the award will vest annually on each February 20 thereafter, such that the award will be fully vested on February 20, 2026. The Reporting Person deferred delivery of shares of Common Stock issuable upon the vesting of RSUs on February 20, 2025. On March 3, 2025, the deferred shares of Common Stock were delivered to the Reporting Person. Shares withheld by the Company to satisfy tax withholding obligations (and the net issuance) is based on the closing price of the Company's Common Stock in trading on the Nasdaq Global Select Market on March 3, 2025.
F4 Subject to the Reporting Person 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 5,358 RSUs subject to the award vested on February 20, 2024, and twenty five percent (25%) of the RSUs subject to the award will vest annually on each February 20 thereafter, such that the award will be fully vested on February 20, 2027. The Reporting Person deferred delivery of shares of Common Stock issuable upon the vesting of RSUs on February 20, 2025. On March 3, 2025, the deferred shares of Common Stock were delivered to the Reporting Person. Shares withheld by the Company to satisfy tax withholding obligations (and the net issuance) is based on the closing price of the Company's Common Stock in trading on the Nasdaq Global Select Market on March 3, 2025.
F5 Subject to the Reporting Person's continuous status as a Service Provider (as defined in the 2010 Equity Incentive Plan) on each applicable vesting date, twenty five percent (25%) of the 9,332 RSUs subject to the award vested on February 20, 2025, and twenty five percent (25%) of the RSUs subject to the award vest annually on each February 20 thereafter, such that the award will be fully vested on February 20, 2028. The Reporting Person deferred delivery of shares of Common Stock issuable upon the vesting of RSUs on February 20, 2025. On March 3, 2025, the deferred shares of Common Stock were delivered to the Reporting Person. Shares withheld by the Company to satisfy tax withholding obligations (and the net issuance) is based on the closing price of the Company's Common Stock in trading on the Nasdaq Global Select Market on March 3, 2025.
F6 Subject to the Reporting Person continuing to be a Service Provider (as defined in the Company's Amended and Restated 2010 Equity Incentive Plan) through each applicable vesting date, one-third (1/3rd) of the 19,843 RSUs subject to the award vested on February 20, 2025, and one-third (1/3rd) of the RSUs subject to the award will vest annually on each February 20 thereafter, such that the award will be fully vested on February 20, 2027. The Reporting Person deferred delivery of shares of Common Stock issuable upon the vesting of RSUs on February 20, 2025. On March 3, 2025, the deferred shares of Common Stock were delivered to the Reporting Person. Shares withheld by the Company to satisfy tax withholding obligations (and the net issuance) is based on the closing price of the Company's Common Stock in trading on the Nasdaq Global Select Market on March 3, 2025.