Kishore Seendripu - 04 Feb 2022 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
04 Feb 2022
Net transactions value
-$11,755,382
Form type
4
Filing time
08 Feb 2022, 16:36:06 UTC
Previous filing
05 Jan 2022
Next filing
07 Mar 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 +17,268 +7.9% $0.000000 234,832 04 Feb 2022 Direct F1
transaction MXL Common Stock Tax liability $568,055 -9,408 -4% $60.38 225,424 07 Feb 2022 Direct F2
transaction MXL Common Stock Award $0 +81,044 +36% $0.000000 306,468 07 Feb 2022 Direct F3
transaction MXL Common Stock Tax liability $2,640,961 -43,739 -14% $60.38 262,729 07 Feb 2022 Direct
transaction MXL Common Stock Award $0 +54,028 +21% $0.000000 316,757 07 Feb 2022 Direct F3
transaction MXL Common Stock Tax liability $1,760,560 -29,158 -9.2% $60.38 287,599 07 Feb 2022 Direct
transaction MXL Common Stock Award $0 +107,972 +38% $0.000000 395,571 07 Feb 2022 Direct F4
transaction MXL Common Stock Tax liability $3,518,463 -58,272 -15% $60.38 337,299 07 Feb 2022 Direct
transaction MXL Common Stock Award $0 +71,985 +21% $0.000000 409,284 07 Feb 2022 Direct F4
transaction MXL Common Stock Tax liability $2,345,763 -38,850 -9.5% $60.38 370,434 07 Feb 2022 Direct
transaction MXL Common Stock Award $0 +16,969 +4.6% $0.000000 387,403 07 Feb 2022 Direct F5
transaction MXL Common Stock Tax liability $552,960 -9,158 -2.4% $60.38 378,245 07 Feb 2022 Direct
transaction MXL Common Stock Award $0 +11,313 +3% $0.000000 389,558 07 Feb 2022 Direct F5
transaction MXL Common Stock Tax liability $368,620 -6,105 -1.6% $60.38 383,453 07 Feb 2022 Direct
holding MXL Common Stock 492,898 04 Feb 2022 See footnote F6
holding MXL Common Stock 410,731 04 Feb 2022 See footnote F7
holding MXL Common Stock 410,731 04 Feb 2022 See footnote F8
holding MXL Common Stock 344,997 04 Feb 2022 See footnote F9
holding MXL Common Stock 344,997 04 Feb 2022 See footnote F10
holding MXL Common Stock 303,445 04 Feb 2022 See footnote F11
holding MXL Common Stock 303,445 04 Feb 2022 See footnoe F12
holding MXL Common Stock 396,526 04 Feb 2022 See footnote F13
holding MXL Common Stock 396,526 04 Feb 2022 See footnote F14
holding MXL Common Stock 18,920 04 Feb 2022 See footnote F15
* 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 On February 7, 2022, 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) are based on the closing price of the Company's Common Stock in trading on The Nasdaq Global Select Market on February 7, 2022.
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 2019 performance-based restricted stock award granted on May 20, 2019. All shares were issued pursuant to the Company's 2010 Equity Incentive Plan. On February 7, 2022, 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) are based on the closing price of the Company's Common Stock in trading on The Nasdaq Global Select Market on February 7, 2022.
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 2020 performance-based restricted stock award granted on March 31, 2020. All shares were issued pursuant to the Company's 2010 Equity Incentive Plan. On February 7, 2022, 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) are based on the closing price of the Company's Common Stock in trading on The Nasdaq Global Select Market on February 7, 2022.
F5 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. On February 7, 2022, 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) are based on the closing price of the Company's Common Stock in trading on The Nasdaq Global Select Market on February 7, 2022.
F6 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.
F7 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.
F8 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.
F9 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.
F10 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.
F11 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.
F12 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.
F13 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.
F14 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.
F15 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.