Form 4 for MXL MAXLINEAR, INC
Accepted 2023-07-11 00:00:00 ET · period of report 2023-07-10 · accession 0001288469-23-000145 · 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 | 2023-07-11 | 2023-07-10 | MXL | SEENDRIPU KISHORE | COB, Pres, CEO, Dir, 10% | F - Tax | $31.43 | -86.8K | 599.4K | -13% | -$2.73M |
| D | 2023-07-11 | 2023-07-10 | MXL | SEENDRIPU KISHORE | COB, Pres, CEO, Dir, 10% | M - OptEx | $0.00 | +86.8K | 686.3K | +14% | $0 |
| D | 2023-07-11 | 2023-07-10 | MXL | SEENDRIPU KISHORE | COB, Pres, CEO, Dir, 10% | M - OptEx | $0.00 | -86.8K | 0 | -100% | $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 | 2023-07-10 | F | D | 86,850 | $31.43 | 599,415 | D | — | — | |
| 2 | Common | Common Stock | 2023-07-10 | M | A | 86,850 | $0.00 | 686,265 | 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 | 2023-07-10 | M | D | 86,850 | $0.00 | 0 | D | — · — to — | 86,850 Common Stock | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of MaxLinear, Inc. Common Stock. (F13) Subject to the Reporting Person continuing to be a Service Provider (as defined in the 2010 Equity Incentive Plan) through each applicable vesting date, the restricted stock units ("RSUs") subject to the award vested as follows: one-sixteenth (1/16th) of the RSUs vested on August 20, 2018, and one-sixteenth (1/16th) of the RSUs vested on each November 20, February 20, May 20, and August 20 thereafter, such that the award was fully vested on May 20, 2022. Reporting Person deferred delivery of shares of Common Stock issuable upon the vesting of RSUs. On July 10, 2023, 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 NASDAQ on July 10, 2023. |