MAXLINEAR, INC — Director's Dealing 2020

May 7, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MAXLINEAR INC (MXL)
CIK: 0001288469
Period of Report: 2020-05-05

Reporting Person: REDDY MADHUKAR (VP, Central Engineering)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-05	Common Stock	M	20000	$6.93	Acquired	365950	Direct
2020-05-05	Common Stock	S	12682	$16.1923	Disposed	353268	Direct
2020-05-06	Common Stock	M	39986	$6.93	Acquired	393254	Direct
2020-05-06	Common Stock	S	25352	$16.1705	Disposed	367902	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-05-05	Stock Option (right to buy)	$6.93	M	20000	Disposed	2020-05-14	Common Stock (20000.0)	Direct
2020-05-06	Stock Option (right to buy)	$6.93	M	39986	Disposed	2020-05-14	Common Stock (39986.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	30689	Indirect
Common Stock	30689	Indirect

Footnotes

F1: Represents the weighted average share price of an aggregate total of 12,682 shares sold in the price range of $16.01 to $16.29 by the Reporting Person. The Reporting Person undertakes to provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

F2: Represents the weighted average share price of an aggregate total of 25,352 shares sold in the price range of $16.10 to $16.23 by the Reporting Person. The Reporting Person undertakes to provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

F3: Shares held by Madhukar Reddy Cust Anavi Maram Reddy UTMA, for which the Reporting Person serves as custodian.

F4: Shares held by Madhukar Reddy Cust Arnav Maram Reddy UTMA, for which the Reporting Person serves as custodian.

F5: 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 59,986 shares subject to the option vested and became exercisable on May 14, 2014, and an additional twenty five percent (25%) of the shares subject to the option shall vest and become exercisable on each successive anniversary thereafter, such that the option shall be fully vested and exercisable on May 14, 2017.