William Kelly Jones - Nov 20, 2022 Form 4 Insider Report for MAXLINEAR INC (MXL)

Role
VP of Worldwide Operations
Signature
/s/ Connie Kwong, as Attorney-in-Fact
Stock symbol
MXL
Transactions as of
Nov 20, 2022
Transactions value $
-$256,142
Form type
4
Date filed
11/22/2022, 04:28 PM
Previous filing
May 24, 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 +7.2K +43.49% $0.00 23.7K Nov 20, 2022 Direct F1
transaction MXL Common Stock Tax liability -$256K -7.2K -30.31% $35.60 16.5K Nov 20, 2022 Direct F2

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 -7.2K -26.46% $0.00 20K Nov 20, 2022 Common Stock 7.2K Direct F1, F3
* 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 On November 20, 2022, the Reporting Person's RSUs vested. The RSUs were settled on November 21, 2022, the first business day following the vesting date. The closing price of the Issuer's Common Stock on November 18, 2022 was the settlement price used to calculate the shares withheld.
F3 Subject to the Reporting Person continuing to be a Service Provider (as defined in the 2010 Equity Incentive Plan) through each applicable vesting date, one-third (1/3rd) of the 60,000 RSUs subject to the award will vest on November 20, 2021, one-third (1/3rd) of the RSUs subject to the award will vest on November 20, 2022, and one-third (1/3rd) of the RSUs subject to the award will vest on November 20, 2023.