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MAXLINEAR, INC — Director's Dealing 2021
Feb 23, 2021
31984_dirs_2021-02-23_5de07160-dae9-4bfb-be09-46453b587e5a.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: 2021-02-20
Reporting Person: LOUGHEED JAMES (See Remarks)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-20 | Common Stock | M | 2558 | — | Acquired | 73331 | Direct |
| 2021-02-20 | Common Stock | F | 2558 | $38.33 | Disposed | 70773 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-02-20 | Restricted Stock Units | $ | M | 1976 | Disposed | Common Stock (1976.0) | Direct | |
| 2021-02-20 | Restricted Stock Units | $ | M | 582 | Disposed | Common Stock (582.0) | Direct |
Footnotes
F1: Each restricted stock unit ("RSU") represents a contingent right to receive one share of MaxLinear, Inc. Common Stock.
F2: On February 20, 2021, the Reporting Person's RSUs vested. The RSUs were settled on February 22, 2021, the first business day following the vesting date. The closing price of the issuer's common stock on February 19, 2021 was the settlement price used to calculate the shares withheld.
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, twenty five percent (25%) of the 83,592 RSUs subject to the award shall vest on November 20, 2018, and an additional one-sixteenth (1/16th) of the RSUs subject to the award shall vest on each successive February 20, May 20, August 20 and November 20 thereafter, such that the award shall be fully vested on November 20, 2021.
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, one-sixteenth (1/16th) of the 26,939 RSUs subject to the award shall vest on August 20, 2018, and an additional one-sixteenth (1/16th) of the RSUs subject to the award shall vest on each November 20, February 20, May 20, and August 20 thereafter, such that the award shall be fully vested on May 20, 2022.