Form 4 for MXL MAXLINEAR, INC
Accepted 2024-01-10 00:00:00 ET · period of report 2024-01-08 · accession 0001288469-24-000007 · 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 | 2024-01-10 | 2024-01-08 | MXL | SEENDRIPU KISHORE | COB, Pres, CEO, Dir, 10% | A - Grant | $0.00 | +16.6K | 620.9K | +3% | $0 |
| D | 2024-01-10 | 2024-01-08 | MXL | SEENDRIPU KISHORE | COB, Pres, CEO, Dir, 10% | M - OptEx | $0.00 | +47.3K | 710.9K | +7% | $0 |
| D | 2024-01-10 | 2024-01-08 | MXL | SEENDRIPU KISHORE | COB, Pres, CEO, Dir, 10% | F - Tax | $22.44 | -56.1K | 654.8K | -8% | -$1.26M |
| D | 2024-01-10 | 2024-01-08 | MXL | SEENDRIPU KISHORE | COB, Pres, CEO, Dir, 10% | M - OptEx | $0.00 | -47.3K | 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 | 2024-01-08 | A | A | 16,641 | $0.00 | 620,859 | D | — | — | (F1) Represents shares of the Company's Common Stock issued to the Reporting Person in connection with an annual bonus award. All shares were issued pursuant to the Company's 2010 Equity Incentive Plan. Grant amounts were determined based on the bonus award amount approved and the closing price of the Company's Common Stock in trading on the New York Stock Exchange on March 31, 2020. Reporting Person deferred delivery of shares of Common Stock issuable upon the annual bonus award on March 31, 2020. On January 8, 2024, 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 January 8, 2024. |
| 2 | Common | Common Stock | 2024-01-08 | M | A | 47,338 | $0.00 | 710,908 | D | — | — | (F2) Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Company's Common Stock. |
| 3 | Common | Common Stock | 2024-01-08 | F | D | 56,097 | $22.44 | 654,811 | D | — | — | |
| 4 | Derivative | Restricted Stock Units | 2024-01-08 | M | D | 47,338 | $0.00 | 0 | D | — · — to — | 47,338 Common Stock | (F2) Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Company's Common Stock. (F19) 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, one-fourth (1/4th) of the RSUs subject to the award shall vest on May 20, 2020, and one-fourth (1/4th) of the RSUs subject to the award shall vest on each May 20 thereafter, such that the award shall be fully vested on May 20, 2023. Reporting Person deferred delivery of shares of Common Stock issuable upon the vesting of RSUs on May 20, 2020 and each May 20 thereafter. On January 8, 2024, 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 January 8, 2024. |