Steven G. Litchfield - 04 Feb 2022 Form 4 Insider Report for MAXLINEAR INC (MXL)

Role
Chief Financial Officer and Chief Corporate Strategy Officer
Signature
/s/ Connie Kwong, as Attorney-in-Fact
Issuer symbol
MXL
Transactions as of
04 Feb 2022
Net transactions value
-$3,445,658
Form type
4
Filing time
08 Feb 2022, 16:35:05 UTC
Previous filing
05 Jan 2022
Next filing
23 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MXL Common Stock Award $0 +6,737 +5.3% $0.000000 133,177 04 Feb 2022 Direct F1
transaction MXL Common Stock Tax liability $151,584 -2,439 -1.8% $62.15 130,738 04 Feb 2022 Direct
transaction MXL Common Stock Award $0 +24,313 +19% $0.000000 155,051 04 Feb 2022 Direct F2
transaction MXL Common Stock Tax liability $661,960 -10,651 -6.9% $62.15 144,400 04 Feb 2022 Direct
transaction MXL Common Stock Award $0 +16,208 +11% $0.000000 160,608 04 Feb 2022 Direct F2
transaction MXL Common Stock Tax liability $499,375 -8,035 -5% $62.15 152,573 04 Feb 2022 Direct
transaction MXL Common Stock Award $0 +36,440 +24% $0.000000 189,013 04 Feb 2022 Direct F3
transaction MXL Common Stock Tax liability $1,122,802 -18,066 -9.6% $62.15 170,947 04 Feb 2022 Direct
transaction MXL Common Stock Award $0 +24,294 +14% $0.000000 195,241 04 Feb 2022 Direct F3
transaction MXL Common Stock Tax liability $748,535 -12,044 -6.2% $62.15 183,197 04 Feb 2022 Direct
transaction MXL Common Stock Award $0 +5,091 +2.8% $0.000000 188,288 04 Feb 2022 Direct F4
transaction MXL Common Stock Tax liability $156,867 -2,524 -1.3% $62.15 185,764 04 Feb 2022 Direct
transaction MXL Common Stock Award $0 +3,394 +1.8% $0.000000 189,158 04 Feb 2022 Direct F4
transaction MXL Common Stock Tax liability $104,536 -1,682 -0.89% $62.15 187,476 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 2019 performance-based restricted stock award granted on May 20, 2019. All shares were issued pursuant to the Company's 2010 Equity Incentive Plan.
F3 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 2020 performance-based restricted stock award granted on March 31, 2020. All shares were issued pursuant to the Company's 2010 Equity Incentive Plan.
F4 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.

Remarks:

Chief Financial Officer and Chief Corporate Strategy Officer