William Kelly Jones - 04 Feb 2022 Form 4 Insider Report for MAXLINEAR INC (MXL)

Signature
/s/ Connie Kwong, as Attorney-in-Fact
Issuer symbol
MXL
Transactions as of
04 Feb 2022
Net transactions value
-$123,119
Form type
4
Filing time
08 Feb 2022, 16:34:09 UTC
Previous filing
05 Jan 2022
Next filing
24 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MXL Common Stock Award $0 +3,933 $0.000000 3,933 04 Feb 2022 Direct F1
transaction MXL Common Stock Tax liability $91,671 -1,475 -38% $62.15 2,458 04 Feb 2022 Direct
transaction MXL Common Stock Award $0 +880 +36% $0.000000 3,338 04 Feb 2022 Direct F2
transaction MXL Common Stock Tax liability $18,894 -304 -9.1% $62.15 3,034 04 Feb 2022 Direct
transaction MXL Common Stock Award $0 +587 +19% $0.000000 3,621 04 Feb 2022 Direct F2
transaction MXL Common Stock Tax liability $12,554 -202 -5.6% $62.15 3,419 04 Feb 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Common Stock issued to the Reporting Person for the 2021 performance period under the Company's Executive Incentive Bonus Plan (the "Bonus Plan"). All shares were issued pursuant to the Company's 2010 Equity Incentive Plan. Grant amounts were determined based on the award amount earned under the Bonus Plan and the closing price of the Company's Common Stock in trading on The Nasdaq Global Select Market on February 4, 2022.
F2 Represents shares of Common Stock issued to the Reporting Person in connection with the achievement of financial performance conditions for the 2021 fiscal year that were approved as part of the 2021 performance-based restricted stock award granted on May 20, 2021. All shares were issued pursuant to the Company's 2010 Equity Incentive Plan.