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MAXLINEAR, INC — Director's Dealing 2015
Aug 24, 2015
31984_dirs_2015-08-24_809c4022-706e-493f-afe5-e85c18dc1ca3.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: 2015-08-20
Reporting Person: SEENDRIPU KISHORE (Director, President and CEO, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-08-20 | Class A Common Stock (par value $0.0001) | M | 6390 | $0.00 | Acquired | 155184 | Direct |
| 2015-08-20 | Class A Common Stock (par value $0.0001) | F | 6390 | $9.95 | Disposed | 148794 | Direct |
| 2015-08-20 | Class A Common Stock (par value $0.0001) | A | 25626 | $0.00 | Acquired | 174420 | Direct |
| 2015-08-20 | Class A Common Stock (par value $0.0001) | F | 13371 | $9.95 | Disposed | 161049 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-08-20 | Restricted Stock Units | $ | M | 2099 | Disposed | 2018-05-20 | Class A Common Stock (par value $0.0001) (2099) | Direct |
| 2015-08-20 | Restricted Stock Units | $ | M | 4291 | Disposed | 2019-05-20 | Class A Common Stock (par value $0.0001) (4291) | Direct |
Footnotes
F1: Each restricted stock unit ("RSU") represents a contingent right to receive one share of MaxLinear, Inc. Class A Common Stock.
F2: Represents shares of Class A Common Stock issued to the reporting person for the January 1, 2015 to June 30, 2015 performance period under the Company's Executive Incentive Bonus Plan (the "Bonus Plan"). All shares were issued pursuant to the Company's 2010 Equity Incentive Plan. Grant amounts were determined based on the award amount earned under the Bonus Plan and the closing price of the Company's Class A Common Stock in trading on the New York Stock Exchange on August 20, 2015.
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, one-sixteenth (1/16th) of the 89,382 RSUs subject to the award shall vest on August 20, 2014, and an additional one-sixteenth of the RSUs subject to the award shall vest on each successive November 20, February 20, May 20, and August 20 thereafter, such that the award shall be fully vested on May 20, 2018.
F4: 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-sixteenth (1/16th) of the 135,000 RSUs subject to the award shall vest on August 20, 2015, and an additional one-sixteenth of the RSUs subject to the award shall vest on each successive November 20, February 20, May 20, and August 20 thereafter, such that the award shall be fully vested on May 20, 2019.