Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MXL | Common Stock | Options Exercise | $0 | +523 | +0.28% | $0.00 | 190K | Feb 20, 2023 | Direct | F1 |
transaction | MXL | Common Stock | Tax liability | -$19.2K | -523 | -0.28% | $36.74 | 189K | Feb 20, 2023 | Direct | F2 |
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 | -523 | -14.18% | $0.00 | 3.17K | Feb 20, 2023 | Common Stock | 523 | Direct | F1, F3 |
Id | Content |
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F1 | Each restricted stock unit ("RSU") represents a contingent right to receive one share of MaxLinear, Inc. Common Stock. |
F2 | On February 20, 2023, the Reporting Person's RSUs vested. The RSUs were settled on February 21, 2023, the first business day following the vesting date. The closing price of the Issuer's Common Stock on February 17, 2023 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, twenty five percent (25%) of the 4,221 RSUs subject to the award will vest on February 20, 2023, and twenty five percent (25%) of the RSUs subject to the award will vest annually on each February 20 thereafter, such that the award will be fully vested on February 20, 2026. |