KISHORE SEENDRIPU - 28 May 2021 Form 4 Insider Report for MAXLINEAR INC (MXL)

Role
Chairman, President and CEO, Director, 10%+ Owner
Signature
/s/ Connie Kwong, as Attorney-in-Fact
Issuer symbol
MXL
Transactions as of
28 May 2021
Net transactions value
-$610,818
Form type
4
Filing time
02 Jun 2021, 17:02:04 UTC
Previous filing
27 May 2021
Next filing
25 Jun 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MXL Common Stock Options Exercise $194,661 +21,090 +9.8% $9.23 235,408 28 May 2021 Direct
transaction MXL Common Stock Sale $496,657 -13,086 -5.6% $37.95 222,322 28 May 2021 Direct F1
transaction MXL Common Stock Options Exercise $194,541 +21,077 +9.5% $9.23 243,399 01 Jun 2021 Direct
transaction MXL Common Stock Sale $503,362 -13,035 -5.4% $38.62 230,364 01 Jun 2021 Direct F2
holding MXL Common Stock 551,430 28 May 2021 See footnote F3
holding MXL Common Stock 410,731 28 May 2021 See footnote F4
holding MXL Common Stock 410,731 28 May 2021 See footnote F5
holding MXL Common Stock 344,997 28 May 2021 See footnote F6
holding MXL Common Stock 344,997 28 May 2021 See footnote F7
holding MXL Common Stock 394,891 28 May 2021 See footnote F8
holding MXL Common Stock 394,891 28 May 2021 See footnoe F9
holding MXL Common Stock 396,526 28 May 2021 See footnote F10
holding MXL Common Stock 396,526 28 May 2021 See footnote F11
holding MXL Common Stock 18,920 28 May 2021 See footnote F12

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 -21,090 -50% $0.000000 21,077 28 May 2021 Common Stock 21,090 $9.23 Direct F13
transaction MXL Stock Option (right to buy) Options Exercise $0 -21,077 -100% $0.000000* 0 01 Jun 2021 Common Stock 21,077 $9.23 Direct F13
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the weighted average share price of an aggregate total of 13,086 shares sold in the price range of $37.94 to $38.03 by the Reporting Person. The Reporting Person undertakes to provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F2 Represents the weighted average share price of an aggregate total of 13,035 shares sold in the price range of $38.42 to $38.81 by the Reporting Person. The Reporting Person undertakes to provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F3 Shares held by the Seendripu Family Trust dated 10/5/09, a trust for the benefit of the Reporting Person and the Reporting Person's spouse, for which the Reporting Person and the Reporting Person's spouse serve as trustees.
F4 Shares held by the Kishore V. Seendripu 2019 Annuity Trust dated May 6, 2019, a grantor retained annuity trust, for which the Reporting Person serves as trustee.
F5 Shares held by the Rekha S. Seendripu 2019 Annuity Trust dated May 6, 2019, a grantor retained annuity trust, for which the Reporting Person serves as trustee.
F6 Shares held by the Kishore V. Seendripu 2019-2 Annuity Trust dated November 9, 2019, a grantor retained annuity trust, for which the Reporting Person serves as trustee.
F7 Shares held by the Rekha S. Seendripu 2019-2 Annuity Trust dated November 9, 2019, a grantor retained annuity trust, for which the Reporting Person serves as trustee.
F8 Shares held by the Kishore V. Seendripu 2020 Annuity Trust A dated June 1, 2020, a grantor retained annuity trust, for which the Reporting Person serves as trustee.
F9 Shares held by the Rekha S. Seendripu 2020 Annuity Trust A dated June 1, 2020, a grantor retained annuity trust, for which the Reporting Person serves as trustee.
F10 Shares held by the IKS Heritage Trust dated July 13, 2020, a trust for the benefit of the Reporting Person's child, and for which the Reporting Person serves as co-trustee.
F11 Shares held by the SS Heritage Trust dated July 13, 2020, a trust for the benefit of the Reporting Person's child, and for which the Reporting Person serves as co-trustee.
F12 Shares held by the Seendripu Relatives Trust dated 10/5/09, a trust for the benefit of the Reporting Person's parents and siblings, and for which the Reporting Person serves as trustee.
F13 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 105,437 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 and exercisable on May 20, 2018.