Form 4 for MXL MAXLINEAR, INC
Accepted 2023-08-22 00:00:00 ET · period of report 2023-08-21 · accession 0001288469-23-000160 · 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 | 2023-08-22 | 2023-08-21 | MXL | Kwong Connie H. | Corp. Ctrl, PAO | F - Tax | $22.73 | -1,903 | 42.8K | -4% | -$43.3K |
| D | 2023-08-22 | 2023-08-21 | MXL | Kwong Connie H. | Corp. Ctrl, PAO | M - OptEx | $0.00 | +1,903 | 44.7K | +4% | $0 |
| DM | 2023-08-22 | 2023-08-21 | MXL | Kwong Connie H. | Corp. Ctrl, PAO | M - OptEx | $0.00 | -1,903 | 6,379 | -23% | $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 | 2023-08-21 | F | D | 1,903 | $22.73 | 42,846 | D | — | — | |
| 2 | Common | Common Stock | 2023-08-21 | M | A | 1,903 | $0.00 | 44,749 | 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 | 2023-08-21 | M | D | 860 | $0.00 | 2,339 | D | — · — to — | 860 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, ten percent (10%) of the 5,845 RSUs subject to the award shall vest on August 20, 2021; twenty percent (20%) of the RSUs subject to the award shall vest on August 20, 2022; thirty percent (30%) of the RSUs subject to the award shall vest on August 20, 2023; and forty percent (40%) of the RSUs subject to the award shall 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, 2023. On August 21, 2023, the deferred shares of Common Stock were delivered to the Reporting Person. The closing price of the Issuer's Common Stock on August 21, 2023 was the settlement price used to calculate the shares withheld. |
| 4 | Derivative | Restricted Stock Units | 2023-08-21 | M | D | 1,043 | $0.00 | 6,379 | D | — · — to — | 1,043 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 8,506 RSUs subject to the award will vest on August 20, 2023, and twenty five percent (25%) of the RSUs subject to the award will vest annually on each August 20 thereafter, such that the award will be fully vested on August 20, 2026. Reporting Person deferred delivery of shares of Common Stock issuable upon the vesting of RSUs on August 20, 2023. On August 21, 2023, the deferred shares of Common Stock were delivered to the Reporting Person. The closing price of the Issuer's Common Stock on August 21, 2023 was the settlement price used to calculate the shares withheld. |