Form 4 for MXL MAXLINEAR, INC
Accepted 2024-03-06 00:00:00 ET · period of report 2024-03-04 · accession 0001288469-24-000049 · 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 | 2024-03-06 | 2024-03-04 | MXL | Kwong Connie H. | Corp. Ctrl, PAO | M - OptEx | $0.00 | +1,019 | 44.7K | +2% | $0 |
| DM | 2024-03-06 | 2024-03-04 | MXL | Kwong Connie H. | Corp. Ctrl, PAO | F - Tax | $20.30 | -2,073 | 43.7K | -5% | -$42.1K |
| DM | 2024-03-06 | 2024-03-04 | MXL | Kwong Connie H. | Corp. Ctrl, PAO | M - OptEx | $0.00 | -1,019 | 4,018 | -20% | $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 | 2024-03-04 | M | A | 1,019 | $0.00 | 44,745 | D | — | — | (F2) Each restricted stock unit ("RSU") represents a contingent right to receive one share of MaxLinear, Inc. Common Stock. |
| 2 | Common | Common Stock | 2024-03-04 | F | D | 1,019 | $20.30 | 43,726 | D | — | — | |
| 3 | Common | Common Stock | 2024-03-04 | F | D | 1,054 | $20.30 | 43,726 | D | — | — | (F1) Reporting Person deferred delivery of shares of Common Stock awarded for the 2023 performance period under the Company's Executive Incentive Bonus Plan and the performance-based restricted stock awards for the 2021 and 2022 fiscal years reported in the Form 4 filed February 22, 2024. On March 4, 2024, the deferred shares were settled and shares withheld by the Company to satisfy tax withholding obligations (and the net issuance) are based on the closing price of the Company's Common Stock in trading on NASDAQ on March 4, 2024. |
| 4 | Derivative | Restricted Stock Units | 2024-03-04 | M | D | 288 | $0.00 | 1,054 | D | — · — to — | 288 Common Stock | (F2) 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 2,110 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. Reporting Person deferred delivery of shares of Common Stock issuable upon the vesting of RSUs on February 20, 2024. On March 4, 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 March 4, 2024. |
| 5 | Derivative | Restricted Stock Units | 2024-03-04 | M | D | 731 | $0.00 | 4,018 | D | — · — to — | 731 Common Stock | (F2) 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, twenty five percent (25%) of the 5,358 RSUs subject to the award will vest on February 20, 2024, 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, 2027. Reporting Person deferred delivery of shares of Common Stock issuable upon the vesting of RSUs on February 20, 2024. On March 4, 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 March 4, 2024. |