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MAXLINEAR, INC — Director's Dealing 2010
Mar 30, 2010
31984_dirs_2010-03-30_e33525a2-e159-4ecb-b7cd-7424d6db9755.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: MAXLINEAR INC (MXL)
CIK: 0001288469
Period of Report: 2010-03-29
Reporting Person: SCHROCK DONALD E (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-03-29 | Stock Option (right to buy) | $7.4478 | J | 34575 | Disposed | 2019-10-27 | Common Stock (34575) | Direct |
| 2010-03-29 | Stock Option (right to buy) | $7.4478 | J | 34575 | Acquired | 2019-10-27 | Class B Common Stock (34575) | Direct |
Footnotes
F1: Pursuant to a reclassification exempt under Rule 16b-7, each stock option to purchase one share of Common Stock ($0.0001 par value) automatically converted into an option to purchase one share of Class B Common Stock ($0.0001 par value) immediately prior to the closing of the Registrant's initial public offering on March 29, 2010.
F2: This stock option was granted on October 27, 2009 and vests over four years. Subject to the optionee's continuing to provide services, 25% of the shares subject to the option vest and become exercisable one year after the grant date, and 2.08% of the shares vest and become exercisable at the end of each monthly period thereafter.
F3: Each share of Class B Common Stock is convertible into one share of Class A Common Stock, which is the publicly traded stock, upon certain transfers and at the option of the holder. On the seventh anniversary of the closing of the Registrant's initial public offering (March 29, 2017), the Class B Common Stock and the Class A Common Stock will automatically convert into a single class of Common Stock.