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MAXLINEAR, INC — Director's Dealing 2022
Feb 23, 2022
31984_dirs_2022-02-23_1fc6f038-1e1a-4f2d-a259-d1bb1e2b9fea.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: 2022-02-20
Reporting Person: Bollesen Michael (Vice President of Sales)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-02-20 | Common Stock | M | 1825 | — | Acquired | 78637 | Direct |
| 2022-02-20 | Common Stock | F | 1825 | $60.83 | Disposed | 76812 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-02-20 | Restricted Stock Units | $ | M | 1825 | Disposed | Common Stock (1825.0) | 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, 2022, the Reporting Person's RSUs vested. The RSUs were settled on February 22, 2022, the first business day following the vesting date. The closing price of the Issuer's Common Stock on February 18, 2022 was the settlement price used to calculate the shares withheld.
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 58,900 RSUs will vest on August 20, 2019, and one-sixteenth (1/16th) of the RSUs will vest on each November 20, February 20, May 20, and August 20 thereafter, such that the award will be fully vested on August 20, 2022.