Madhukar Reddy - 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
-$1,285,946
Form type
4
Filing time
08 Feb 2022, 16:35:44 UTC
Previous filing
05 Jan 2022
Next filing
12 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MXL Common Stock Award $0 +5,900 +1.4% $0.000000 416,301 04 Feb 2022 Direct F1
transaction MXL Common Stock Award $0 +9,117 +2.2% $0.000000 425,418 04 Feb 2022 Direct F2
transaction MXL Common Stock Tax liability $202,982 -3,266 -0.77% $62.15 422,152 04 Feb 2022 Direct
transaction MXL Common Stock Award $0 +6,077 +1.4% $0.000000 428,229 04 Feb 2022 Direct F2
transaction MXL Common Stock Tax liability $130,577 -2,101 -0.49% $62.15 426,128 04 Feb 2022 Direct
transaction MXL Common Stock Award $0 +16,195 +3.8% $0.000000 442,323 04 Feb 2022 Direct F3
transaction MXL Common Stock Tax liability $490,674 -7,895 -1.8% $62.15 434,428 04 Feb 2022 Direct
transaction MXL Common Stock Award $0 +10,797 +2.5% $0.000000 445,225 04 Feb 2022 Direct F3
transaction MXL Common Stock Tax liability $332,689 -5,353 -1.2% $62.15 439,872 04 Feb 2022 Direct
transaction MXL Common Stock Award $0 +2,514 +0.57% $0.000000 442,386 04 Feb 2022 Direct F4
transaction MXL Common Stock Tax liability $77,439 -1,246 -0.28% $62.15 441,140 04 Feb 2022 Direct
transaction MXL Common Stock Award $0 +1,676 +0.38% $0.000000 442,816 04 Feb 2022 Direct F4
transaction MXL Common Stock Tax liability $51,584 -830 -0.19% $62.15 441,986 04 Feb 2022 Direct
holding MXL Common Stock 32,069 04 Feb 2022 See footnote F5
holding MXL Common Stock 32,069 04 Feb 2022 See footnote F6
* 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. The Reporting Person has deferred settlement of the shares pursuant to a Restricted Stock Unit Election Form entered into by the Reporting Person on December 22, 2020 until the earliest of (i) January 1, 2027; (ii) the date of termination of the executive officer's service to the Company; or (iii) a qualifying change in control.
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.
F5 Shares held by Madhukar Reddy Cust Anavi Maram Reddy UTMA, for which the Reporting Person serves as custodian.
F6 Shares held by Madhukar Reddy Cust Arnav Maram Reddy UTMA, for which the Reporting Person serves as custodian.