Form 4 for MXL MAXLINEAR, INC
Accepted 2022-02-23 00:00:00 ET · period of report 2022-02-21 · accession 0001288469-22-000063 · 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 | 2022-02-23 | 2022-02-21 | MXL | Kwong Connie H. | Corp. Ctrl, PAO | M - OptEx | $0.00 | +478 | 25.1K | +2% | $0 |
| D | 2022-02-23 | 2022-02-21 | MXL | Kwong Connie H. | Corp. Ctrl, PAO | F - Tax | $60.83 | -478 | 24.6K | -2% | -$29.1K |
| D | 2022-02-23 | 2022-02-21 | MXL | Kwong Connie H. | Corp. Ctrl, PAO | M - OptEx | $0.00 | -478 | 1,011 | -32% | $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 | 2022-02-21 | M | A | 478 | $0.00 | 25,079 | D | — | — | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of MaxLinear, Inc. Common Stock. |
| 2 | Common | Common Stock | 2022-02-21 | F | D | 478 | $60.83 | 24,601 | D | — | — | (F2) On February 20, 2022, the Reporting Person's RSUs vested. The Reporting Person deferred delivery of the shares of Common Stock until February 21, 2022. The RSUs were settled on February 22, 2022, the first business day following February 21, 2022. The closing price of the Issuer's Common Stock on February 18, 2022 was the settlement price used to calculate the shares withheld. |
| 3 | Derivative | Restricted Stock Units | 2022-02-21 | M | D | 478 | $0.00 | 1,011 | D | — · — to — | 478 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, 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 February 20, 2022. On February 21, 2022, 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 on February 18, 2022. |