Form 4 for MXL MAXLINEAR, INC
Accepted 2022-08-22 00:00:00 ET · period of report 2022-08-20 · accession 0001288469-22-000160 · 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 | 2022-08-22 | 2022-08-20 | MXL | Bollesen Michael | VP of Sales | M - OptEx | $0.00 | +2,984 | 90.2K | +3% | $0 |
| D | 2022-08-22 | 2022-08-20 | MXL | Bollesen Michael | VP of Sales | F - Tax | $39.46 | -2,984 | 87.2K | -3% | -$117.7K |
| DM | 2022-08-22 | 2022-08-20 | MXL | Bollesen Michael | VP of Sales | M - OptEx | $0.00 | -2,984 | 8,184 | -27% | $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 | 2022-08-20 | M | A | 2,984 | $0.00 | 90,215 | D | — | — | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of MaxLinear, Inc. Common Stock. |
| 2 | Common | Common Stock | 2022-08-20 | F | D | 2,984 | $39.46 | 87,231 | D | — | — | (F2) On August 20, 2022, the Reporting Person's RSUs vested. The RSUs were settled on August 22, 2022, the first business day following the vesting date. The closing price of the Issuer's Common Stock on August 19, 2022 was the settlement price used to calculate the shares withheld. |
| 3 | Derivative | Restricted Stock Units | 2022-08-20 | M | D | 1,825 | $0.00 | 0 | D | — · — to — | 1,825 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'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 58,900 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. |
| 4 | Derivative | Restricted Stock Units | 2022-08-20 | M | D | 1,159 | $0.00 | 8,184 | D | — · — to — | 1,159 Common Stock | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of MaxLinear, Inc. Common Stock. (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, ten percent (10%) of the 11,691 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. |