Madhukar Reddy - May 18, 2021 Form 4 Insider Report for MAXLINEAR INC (MXL)

Role
VP, Central Engineering
Signature
/s/ Connie Kwong, as Attorney-in-Fact
Stock symbol
MXL
Transactions as of
May 18, 2021
Transactions value $
-$388,038
Form type
4
Date filed
5/19/2021, 05:07 PM
Next filing
Jun 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MXL Common Stock Options Exercise $308K +33.4K +8.4% $9.23 431K May 18, 2021 Direct
transaction MXL Common Stock Tax liability -$696K -20.7K -4.8% $33.69 410K May 18, 2021 Direct
holding MXL Common Stock 31.6K May 18, 2021 See footnote F1
holding MXL Common Stock 31.6K May 18, 2021 See footnote F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MXL Stock Option (right to buy) Options Exercise $0 -33.4K -100% $0.00* 0 May 18, 2021 Common Stock 33.4K $9.23 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares held by Madhukar Reddy Cust Anavi Maram Reddy UTMA, for which the Reporting Person serves as custodian.
F2 Shares held by Madhukar Reddy Cust Arnav Maram Reddy UTMA, for which the Reporting Person serves as custodian.
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, one-sixteenth (1/16th) of the 33,402 shares subject to the option vested and became exercisable on August 20, 2014, and an additional one-sixteenth (1/16th) of the shares subject to the option shall vest and become exercisable on each successive November 20, February 20, May 20, and August 20 thereafter, such that the award shall be fully vested on May 20, 2018.