Madhukar Reddy - 03 Feb 2023 Form 4 Insider Report for MAXLINEAR, INC (MXL)

Role
VP, Central Engineering
Signature
/s/ Connie Kwong, as Attorney-in-Fact
Issuer symbol
MXL
Transactions as of
03 Feb 2023
Net transactions value
-$1,456,921
Form type
4
Filing time
07 Feb 2023, 20:46:26 UTC
Previous filing
03 Feb 2023
Next filing
21 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MXL Common Stock Award $0 +8,592 +2% $0.000000 449,141 03 Feb 2023 Direct F1
transaction MXL Common Stock Tax liability $128,517 -3,160 -0.7% $40.67 445,981 03 Feb 2023 Direct
transaction MXL Common Stock Award $0 +34,705 +7.8% $0.000000 480,686 03 Feb 2023 Direct F2
transaction MXL Common Stock Tax liability $602,201 -14,807 -3.1% $40.67 465,879 03 Feb 2023 Direct
transaction MXL Common Stock Award $0 +23,133 +5% $0.000000 489,012 03 Feb 2023 Direct F2
transaction MXL Common Stock Tax liability $466,444 -11,469 -2.3% $40.67 477,543 03 Feb 2023 Direct
transaction MXL Common Stock Award $0 +5,866 +1.2% $0.000000 483,409 03 Feb 2023 Direct F3
transaction MXL Common Stock Tax liability $118,268 -2,908 -0.6% $40.67 480,501 03 Feb 2023 Direct
transaction MXL Common Stock Award $0 +3,910 +0.81% $0.000000 484,411 03 Feb 2023 Direct F3
transaction MXL Common Stock Tax liability $78,818 -1,938 -0.4% $40.67 482,473 03 Feb 2023 Direct
transaction MXL Common Stock Award $0 +1,864 +0.39% $0.000000 484,337 03 Feb 2023 Direct F4
transaction MXL Common Stock Tax liability $37,579 -924 -0.19% $40.67 483,413 03 Feb 2023 Direct
transaction MXL Common Stock Award $0 +1,246 +0.26% $0.000000 484,659 03 Feb 2023 Direct F4
transaction MXL Common Stock Tax liability $25,093 -617 -0.13% $40.67 484,042 03 Feb 2023 Direct
holding MXL Common Stock 32,969 03 Feb 2023 See footnote F5
holding MXL Common Stock 32,969 03 Feb 2023 See footnote F6
* 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 2020 performance-based restricted stock award granted on March 31, 2020. 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 2021 performance-based restricted stock award granted on May 20, 2021. All shares were issued pursuant to the Company's 2010 Equity Incentive Plan.
F4 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.
F5 Shares held by Madhukar Reddy Cust Anavi Maram Reddy UTMA, for which the Reporting Person serves as custodian.
F6 Shares held by Madhukar Reddy Cust Arnav Maram Reddy UTMA, for which the Reporting Person serves as custodian.