Michelle Marie Sayer - 27 May 2024 Form 4 Insider Report for MAXLINEAR, INC (MXL)

Role
General Counsel and Chief Compliance Officer
Signature
/s/ Connie Kwong, as Attorney-in-Fact
Issuer symbol
MXL
Transactions as of
27 May 2024
Net transactions value
-$82,161
Form type
4
Filing time
29 May 2024, 18:17:25 UTC
Previous filing
22 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MXL Common Stock Options Exercise +4,458 +27% 20,901 27 May 2024 Direct F1, F2
transaction MXL Common Stock Tax liability $82,161 -4,458 -21% $18.43 16,443 27 May 2024 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 -4,458 -21% $0.000000 16,786 27 May 2024 Common Stock 4,458 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 Includes 1,393 shares of Common Stock acquired under the Company's 2010 Employee Stock Purchase Plan on May 15, 2024.
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 33,572 RSUs subject to the award will vest on May 20, 2023, and twenty five percent (25%) of the RSUs subject to the award will vest annually on each May 20 thereafter, such that the award will be fully vested on May 20, 2026.Reporting Person deferred delivery of shares of Common Stock issuable upon the vesting of RSUs on May 20, 2024. On May 27, 2024, the deferred shares of Common Stock were delivered to the Reporting Person. Shares withheld by the Company to satisfy tax withholding obligations (and the net issuance) is based on the closing price of the Company's Common Stock in trading on NASDAQ on May 24, 2024.

Remarks:

General Counsel and Chief Compliance Officer