Form 4 for MXL MAXLINEAR, INC
Accepted 2021-08-25 00:00:00 ET · period of report 2021-08-23 · accession 0001288469-21-000217 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-08-25 | 2021-08-23 | MXL | Kwong Connie H. | Corp. Ctrl, PAO | F - Tax | $51.32 | -779 | 19.2K | -4% | -$40.0K |
| D | 2021-08-25 | 2021-08-23 | MXL | Kwong Connie H. | Corp. Ctrl, PAO | M - OptEx | $0.00 | +779 | 19.9K | +4% | $0 |
| DM | 2021-08-25 | 2021-08-23 | MXL | Kwong Connie H. | Corp. Ctrl, PAO | M - OptEx | $0.00 | -779 | 3,031 | -20% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-08-23 | F | D | 779 | $51.32 | 19,165 | D | — | — | |
| 2 | Common | Common Stock | 2021-08-23 | M | A | 779 | $0.00 | 19,944 | D | — | — | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of MaxLinear, Inc. Common Stock. |
| 3 | Derivative | Restricted Stock Units | 2021-08-23 | M | D | 285 | $0.00 | 5,261 | D | — · — to — | 285 Common Stock | (F1) 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, ten percent (10%) of the 5,845 RSUs subject to the award will vest on August 20, 2021; twenty percent (20%) of the RSUs subject to the award will vest on August 20, 2022; thirty percent (30%) of the RSUs subject to the award will vest on August 20, 2023; and forty percent (40%) of the RSUs subject to the award will vest on August 20, 2024, such that all the RSUs subject to the award will then be fully vested. Reporting Person deferred delivery of shares of Common Stock issuable upon the vesting of RSUs on August 20, 2021. On August 23, 2021, 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 New York Stock Exchange on August 23, 2021. |
| 4 | Derivative | Restricted Stock Units | 2021-08-23 | M | D | 494 | $0.00 | 3,031 | D | — · — to — | 494 Common Stock | (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 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 16,163 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. Reporting Person deferred delivery of shares of Common Stock issuable upon the vesting of RSUs on August 20, 2021. On August 23, 2021, 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 New York Stock Exchange on August 23, 2021. |