Connie Kwong - Nov 29, 2021 Form 4 Insider Report for MAXLINEAR INC (MXL)

Role
Corporate Controller & PAO
Signature
/s/ Connie Kwong
Stock symbol
MXL
Transactions as of
Nov 29, 2021
Transactions value $
-$33,628
Form type
4
Date filed
11/30/2021, 05:14 PM
Previous filing
Aug 25, 2021
Next filing
Jan 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MXL Common Stock Options Exercise $0 +488 +2.43% $0.00 20.6K Nov 29, 2021 Direct F1, F2
transaction MXL Common Stock Tax liability -$33.6K -488 -2.37% $68.91 20.1K Nov 29, 2021 Direct

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 Restricted Stock Units Options Exercise $0 -488 -19.45% $0.00 2.02K Nov 29, 2021 Common Stock 488 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of MaxLinear, Inc. Common Stock.
F2 Includes 405 shares of Common Stock acquired under the Company's 2010 Employee Stock Purchase Plan on November 15, 2021.
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, one-sixteenth (1/16th) of the 16,163 RSUs subject to the award will vest on August 20, 2018, and an additional one-sixteenth (1/16th) of the RSUs subject to the award will vest on each November 20, February 20, May 20, and August 20 thereafter, such that the award will be fully vested on May 20, 2022. Reporting Person deferred delivery of shares of Common Stock issuable upon the vesting of RSUs on November 20, 2021. On November 29, 2021, the deferred shares of Common Stock were delivered to the Reporting Person. Shares withheld by the Company to satisfy tax withholding obligations (and the net issuance) is based on the closing price of the Company's Common Stock in trading on the New York Stock Exchange on November 29, 2021.