Form 4 for MXL MAXLINEAR, INC
Accepted 2023-02-21 00:00:00 ET · period of report 2023-02-20 · accession 0001288469-23-000065 · 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 | 2023-02-21 | 2023-02-20 | MXL | Jones William Kelly | VP of Worldwide Ops | M - OptEx | $0.00 | +954 | 27.9K | +4% | $0 |
| D | 2023-02-21 | 2023-02-20 | MXL | Jones William Kelly | VP of Worldwide Ops | F - Tax | $36.74 | -954 | 26.9K | -3% | -$35.0K |
| DM | 2023-02-21 | 2023-02-20 | MXL | Jones William Kelly | VP of Worldwide Ops | M - OptEx | $0.00 | -954 | 4,383 | -18% | $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 | 2023-02-20 | M | A | 954 | $0.00 | 27,895 | D | — | — | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of MaxLinear, Inc. Common Stock. |
| 2 | Common | Common Stock | 2023-02-20 | F | D | 954 | $36.74 | 26,941 | D | — | — | (F2) On February 20, 2023, the Reporting Person's RSUs vested. The RSUs were settled on February 21, 2023, the first business day following the vesting date. The closing price of the Issuer's Common Stock on February 17, 2023 was the settlement price used to calculate the shares withheld. |
| 3 | Derivative | Restricted Stock Units | 2023-02-20 | M | D | 449 | $0.00 | 11,691 | D | — · — to — | 449 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 12,990 RSUs subject to the award will vest on February 20, 2023, twenty percent (20%) of the RSUs subject to the award will vest on February 20, 2024, thirty percent (30%) of the RSUs subject to the award will vest on February 20, 2025, and forty percent (40%) of the RSUs subject to the award will vest on February 20, 2026, such that the award will be fully vested on February 20, 2026. |
| 4 | Derivative | Restricted Stock Units | 2023-02-20 | M | D | 505 | $0.00 | 4,383 | D | — · — to — | 505 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, twenty five percent (25%) of the 5,845 RSUs subject to the award will vest 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. |