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MAXLINEAR, INC — Director's Dealing 2024
Sep 5, 2024
31984_dirs_2024-09-04_bb97ddaa-1322-44c0-8473-8617aad40407.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: 2024-09-02
Reporting Person: Kwong Connie H. (Corporate Controller & PAO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-09-02 | Common Stock | M | 2163 | — | Acquired | 55033 | Direct |
| 2024-09-02 | Common Stock | F | 2163 | $15.18 | Disposed | 52870 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-09-02 | Restricted Stock Units | $ | M | 1133 | Disposed | Common Stock (1133) | Direct | |
| 2024-09-02 | Restricted Stock Units | $ | M | 1030 | Disposed | Common Stock (1030) | Direct |
Footnotes
F1: Each restricted stock unit ("RSU") represents a contingent right to receive one share of MaxLinear, Inc. Common Stock.
F2: The Reporting Person deferred delivery of shares of Common Stock issuable upon the vesting of RSUs on August 20, 2024. On September 2, 2024, the deferred shares of Common Stock were delivered to the Reporting Person. The closing price of the Issuer's Common Stock on August 30, 2024 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, ten percent (10%) of the 5,845 RSUs subject to the award vested on August 20, 2021; twenty percent (20%) of the RSUs subject to the award vested on August 20, 2022; thirty percent (30%) of the RSUs subject to the award vested on August 20, 2023; and forty percent (40%) of the RSUs subject to the award vested on August 20, 2024, such that all the RSUs subject to the award are fully vested.
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, twenty five percent (25%) of the 8,506 RSUs subject to the award vested on August 20, 2023, and twenty five percent (25%) of the RSUs subject to the award vests annually on each August 20 thereafter, such that the award will be fully vested on August 20, 2026.