Kishore Seendripu - Feb 4, 2022 Form 4 Insider Report for MAXLINEAR INC (MXL)

Signature
/s/ Connie Kwong, as Attorney-in-Fact
Stock symbol
MXL
Transactions as of
Feb 4, 2022
Transactions value $
-$11,755,382
Form type
4
Date filed
2/8/2022, 04:36 PM
Previous filing
Jan 5, 2022
Next filing
Mar 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MXL Common Stock Award $0 +17.3K +7.94% $0.00 235K Feb 4, 2022 Direct F1
transaction MXL Common Stock Tax liability -$568K -9.41K -4.01% $60.38 225K Feb 7, 2022 Direct F2
transaction MXL Common Stock Award $0 +81K +35.95% $0.00 306K Feb 7, 2022 Direct F3
transaction MXL Common Stock Tax liability -$2.64M -43.7K -14.27% $60.38 263K Feb 7, 2022 Direct
transaction MXL Common Stock Award $0 +54K +20.56% $0.00 317K Feb 7, 2022 Direct F3
transaction MXL Common Stock Tax liability -$1.76M -29.2K -9.21% $60.38 288K Feb 7, 2022 Direct
transaction MXL Common Stock Award $0 +108K +37.54% $0.00 396K Feb 7, 2022 Direct F4
transaction MXL Common Stock Tax liability -$3.52M -58.3K -14.73% $60.38 337K Feb 7, 2022 Direct
transaction MXL Common Stock Award $0 +72K +21.34% $0.00 409K Feb 7, 2022 Direct F4
transaction MXL Common Stock Tax liability -$2.35M -38.9K -9.49% $60.38 370K Feb 7, 2022 Direct
transaction MXL Common Stock Award $0 +17K +4.58% $0.00 387K Feb 7, 2022 Direct F5
transaction MXL Common Stock Tax liability -$553K -9.16K -2.36% $60.38 378K Feb 7, 2022 Direct
transaction MXL Common Stock Award $0 +11.3K +2.99% $0.00 390K Feb 7, 2022 Direct F5
transaction MXL Common Stock Tax liability -$369K -6.11K -1.57% $60.38 383K Feb 7, 2022 Direct
holding MXL Common Stock 493K Feb 4, 2022 See footnote F6
holding MXL Common Stock 411K Feb 4, 2022 See footnote F7
holding MXL Common Stock 411K Feb 4, 2022 See footnote F8
holding MXL Common Stock 345K Feb 4, 2022 See footnote F9
holding MXL Common Stock 345K Feb 4, 2022 See footnote F10
holding MXL Common Stock 303K Feb 4, 2022 See footnote F11
holding MXL Common Stock 303K Feb 4, 2022 See footnoe F12
holding MXL Common Stock 397K Feb 4, 2022 See footnote F13
holding MXL Common Stock 397K Feb 4, 2022 See footnote F14
holding MXL Common Stock 18.9K Feb 4, 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.