William Kelly Jones - 03 Feb 2023 Form 4 Insider Report for MAXLINEAR, INC (MXL)

Signature
/s/ Connie Kwong, as Attorney-in-Fact
Issuer symbol
MXL
Transactions as of
03 Feb 2023
Net transactions value
-$196,477
Form type
4
Filing time
07 Feb 2023, 20:44:51 UTC
Previous filing
03 Feb 2023
Next filing
21 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MXL Common Stock Award $0 +8,251 +50% $0.000000 24,795 03 Feb 2023 Direct F1
transaction MXL Common Stock Tax liability $123,840 -3,045 -12% $40.67 21,750 03 Feb 2023 Direct
transaction MXL Common Stock Award $0 +2,053 +9.4% $0.000000 23,803 03 Feb 2023 Direct F2
transaction MXL Common Stock Tax liability $28,835 -709 -3% $40.67 23,094 03 Feb 2023 Direct
transaction MXL Common Stock Award $0 +1,369 +5.9% $0.000000 24,463 03 Feb 2023 Direct F2
transaction MXL Common Stock Tax liability $19,237 -473 -1.9% $40.67 23,990 03 Feb 2023 Direct
transaction MXL Common Stock Award $0 +1,048 +4.4% $0.000000 25,038 03 Feb 2023 Direct F3
transaction MXL Common Stock Tax liability $14,723 -362 -1.4% $40.67 24,676 03 Feb 2023 Direct
transaction MXL Common Stock Award $0 +700 +2.8% $0.000000 25,376 03 Feb 2023 Direct F3
transaction MXL Common Stock Tax liability $9,842 -242 -0.95% $40.67 25,134 03 Feb 2023 Direct
* 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 2022 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 3, 2023.
F2 Represents shares of Common Stock issued to the Reporting Person in connection with the achievement of financial performance conditions for the 2022 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.
F3 Represents shares of Common Stock issued to the Reporting Person in connection with the achievement of financial performance conditions for the 2022 fiscal year that were approved as part of the 2022 performance-based restricted stock award granted on January 3, 2022. All shares were issued pursuant to the Company's 2010 Equity Incentive Plan.