Connie Kwong - Aug 22, 2022 Form 4 Insider Report for MAXLINEAR INC (MXL)

Role: Corporate Controller & PAO
Signature: /s/ Connie Kwong
Stock symbol: MXL
Transactions as of: Aug 22, 2022
Transactions value $: -$22,144
Form type: 4
Date filed: 8/24/2022, 04:45 PM
Previous filing: Aug 1, 2022
Next filing: Feb 3, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MXL	Common Stock	Options Exercise	$0	+588	+1.94%	$0.00	30.9K	Aug 22, 2022	Direct	F1
transaction	MXL	Common Stock	Tax liability	-$22.1K	-588	-1.9%	$37.66	30.3K	Aug 22, 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	-588	-12.56%	$0.00	4.09K	Aug 22, 2022	Common Stock	588		Direct	F1, F2

* 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	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 5,845 RSUs subject to the award shall vest on August 20, 2021; twenty percent (20%) of the RSUs subject to the award shall vest on August 20, 2022; thirty percent (30%) of the RSUs subject to the award shall vest on August 20, 2023; and forty percent (40%) of the RSUs subject to the award shall vest on August 20, 2024, such that all the RSUs subject to the award will then be fully vested. Reporting Person deferred delivery of shares of Common Stock issuable upon the vesting of RSUs on August 20, 2022. On August 22, 2022, the deferred shares of Common Stock were delivered to the Reporting Person. The closing price of the Issuer's Common Stock on August 22, 2022 was the settlement price used to calculate the shares withheld.

Content

Each restricted stock unit ("RSU") represents a contingent right to receive one share of MaxLinear, Inc. Common Stock.

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 5,845 RSUs subject to the award shall vest on August 20, 2021; twenty percent (20%) of the RSUs subject to the award shall vest on August 20, 2022; thirty percent (30%) of the RSUs subject to the award shall vest on August 20, 2023; and forty percent (40%) of the RSUs subject to the award shall vest on August 20, 2024, such that all the RSUs subject to the award will then be fully vested. Reporting Person deferred delivery of shares of Common Stock issuable upon the vesting of RSUs on August 20, 2022. On August 22, 2022, the deferred shares of Common Stock were delivered to the Reporting Person. The closing price of the Issuer's Common Stock on August 22, 2022 was the settlement price used to calculate the shares withheld.