Michael Bollesen - 20 May 2022 Form 4 Insider Report for MAXLINEAR INC (MXL)

Role: Vice President of Sales
Signature: /s/ Connie Kwong, as Attorney-in-Fact
Issuer symbol: MXL
Transactions as of: 20 May 2022
Net transactions value: -$265,343
Form type: 4
Filing time: 24 May 2022, 20:59:25 UTC
Previous filing: 23 Feb 2022
Next filing: 22 Aug 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	Options Exercise	$0	+6,901	+8.2%	$0.000000	91,096	20 May 2022	Direct	F1, F2
transaction	MXL	Common Stock	Tax liability	$265,343	-6,901	-7.6%	$38.45	84,195	20 May 2022	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	MXL	Restricted Stock Units	Options Exercise	$0	-1,825	-33%	$0.000000	3,682	20 May 2022	Common Stock	1,825		Direct	F1, F3
transaction	MXL	Restricted Stock Units	Options Exercise	$0	-2,009	-27%	$0.000000	5,403	20 May 2022	Common Stock	2,009		Direct	F1, F4
transaction	MXL	Restricted Stock Units	Options Exercise	$0	-2,548	-12%	$0.000000	17,995	20 May 2022	Common Stock	2,548		Direct	F1, F5
transaction	MXL	Restricted Stock Units	Options Exercise	$0	-519	-5.2%	$0.000000	9,427	20 May 2022	Common Stock	519		Direct	F1, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit ("RSU") represents a contingent right to receive one share of MaxLinear, Inc. Common Stock.
F2	Includes 362 shares of Common Stock acquired under the Company's 2010 Employee Stock Purchase Plan on May 16, 2022.
F3	Subject to the Reporting Person's continuing to be a Service Provider (as defined in the 2010 Equity Incentive Plan) through each applicable vesting date, twenty-five percent (25%) of the 58,900 RSUs will vest on August 20, 2019, and one-sixteenth (1/16th) of the RSUs will vest on each November 20, February 20, May 20, and August 20 thereafter, such that the award will be fully vested on August 20, 2022.
F4	Subject to the Reporting Person's continuing to be a Service Provider (as defined in the 2010 Equity Incentive Plan) through each applicable vesting date, ten percent (10%) of the 13,507 RSUs subject to the award will vest on May 20, 2020; twenty percent (20%) of the RSUs subject to the award will vest on May 20, 2021; thirty percent (30%) of the RSUs subject to the award will vest on May 20, 2022; forty percent (40%) of the RSUs subject to the award will vest on May 20, 2023, such that the award will be fully vested on May 20, 2023.
F5	Subject to the Reporting Person continuing to be a Service Provider (as defined in the 2010 Equity Incentive Plan) through each applicable vesting date, ten percent (10%) of the 25,706 RSUs subject to the award will vest on May 20, 2021; twenty percent (20%) of the RSUs subject to the award will vest on May 20, 2022; thirty percent (30%) of the RSUs subject to the award will vest on May 20, 2023; and forty percent (40%) of the RSUs subject to the award will vest on May 20, 2024, such that all the RSUs subject to the award will then be fully vested.
F6	Subject to the Reporting Person continuing to be a Service Provider (as defined in the 2010 Equity Incentive Plan) through each applicable vesting date, ten percent (10%) of the 10,474 RSUs subject to the award will vest on May 20, 2022; twenty percent (20%) of the RSUs subject to the award will vest on May 20, 2023; thirty percent (30%) of the RSUs subject to the award will vest on May 20, 2024; and forty percent (40%) of the RSUs subject to the award will vest on May 20, 2025, such that all the RSUs subject to the award will then be fully vested.