JAMES LOUGHEED - 05 May 2021 Form 4 Insider Report for MAXLINEAR INC (MXL)

Role
Vice President, Marketing, High Performance Analog
Signature
/s/ Connie Kwong, as Attorney-in-Fact
Issuer symbol
MXL
Transactions as of
05 May 2021
Net transactions value
-$305,423
Form type
4
Filing time
07 May 2021, 17:56:14 UTC
Next filing
02 Jun 2021
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 $101,485 +4,828 +6.1% $21.02 84,535 05 May 2021 Direct
transaction MXL Common Stock Options Exercise $1,928 +148 +0.18% $13.03 84,683 05 May 2021 Direct
transaction MXL Common Stock Sale $179,136 -4,976 -5.9% $36.00 79,707 05 May 2021 Direct
transaction MXL Common Stock Options Exercise $130,300 +10,000 +13% $13.03 89,707 07 May 2021 Direct
transaction MXL Common Stock Sale $360,000 -10,000 -11% $36.00 79,707 07 May 2021 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 Stock Option (right to buy) Options Exercise $0 -4,828 -100% $0.000000* 0 05 May 2021 Common Stock 4,828 $21.02 Direct F1
transaction MXL Stock Option (right to buy) Options Exercise $0 -148 -1.2% $0.000000 12,531 05 May 2021 Common Stock 148 $13.03 Direct F2
transaction MXL Stock Option (right to buy) Options Exercise $0 -10,000 -80% $0.000000 2,531 07 May 2021 Common Stock 10,000 $13.03 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Subject to the Reporting Person continuing to provide services to the Company through each applicable vesting date, one-seventeenth (1/17th) of the shares subject to the option vested and became exercisable on May 17, 2017 (the "Vesting Commencement Date), and one seventeenth (1/17th) of the shares subject to the option shall vest and become exercisable each month thereafter on the same day of the month as the Vesting Commencement Date.
F2 Subject to the Reporting Person continuing to provide services to the Company through each applicable vesting date, the option shall vest as follows: (i) beginning on May 14, 2017 (the "Vesting Commencement Date) and through December 14, 2017, 11.452% of the shares subject to the option vest and become exercisable in equal monthly installments over such period on the same day of the month as the Vesting Commencement Date, (ii) beginning on January 14, 2018 and through December 14, 2018, 28.015% of the shares subject to the option shall vest and become exercisable in equal monthly installments over such period on the same day of the month as the Vesting Commencement Date, and (iii) beginning on January 14, 2019 and through December 14, 2019, 60.533% of the shares subject to the option shall vest and become exercisable in equal monthly installments on the same day of the month as the Vesting Commencement Date.

Remarks:

Vice President, Marketing, High Performance Analog