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MAXLINEAR, INC — Director's Dealing 2023
Feb 22, 2023
31984_dirs_2023-02-21_be26e1fc-3a56-46a5-8cfe-9912869c202a.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: 2023-02-20
Reporting Person: Bollesen Michael (Vice President of Sales)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-02-20 | Common Stock | M | 1006 | — | Acquired | 115305 | Direct |
| 2023-02-20 | Common Stock | F | 1006 | $36.74 | Disposed | 114299 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-02-20 | Restricted Stock Units | $ | M | 1006 | Disposed | Common Stock (1006.0) | 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, 2023, the Reporting Person's RSUs vested. The RSUs were settled on February 21, 2023, the first business day following the vesting date. The closing price of the Issuer's Common Stock on February 17, 2023 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 8,118 RSUs subject to the award will vest on February 20, 2023, and twenty five percent (25%) of the RSUs subject to the award will vest annually on each February 20 thereafter, such that the award will be fully vested on February 20, 2026.