SEC Form 4 · accession 0001209191-15-081826
MAXLINEAR, INC · MXL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Curtis Ling
Officer — Chief Technical Officer · Director
Period of report
Nov 20, 2015
Accepted (ET)
Nov 23, 2015 · 5:31 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001288469
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock (par value $0.0001)F1,F2 | Nov 20, 2015 | M | 1,933 | $0.00 | A | 119,181 | D | |
| Class A Common Stock (par value $0.0001) | Nov 20, 2015 | F | 1,933 | $16.59 | D | 117,248 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F3 | — | Nov 20, 2015 | M | 665 | D | — | May 20, 2018 | Class A Common Stock (par value $0.0001) | 665 | 17,698 | D |
| Restricted Stock UnitsF1,F4 | — | Nov 20, 2015 | M | 1,268 | D | — | May 20, 2019 | Class A Common Stock (par value $0.0001) | 1,268 | 47,250 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") represents a contingent right to receive one share of MaxLinear, Inc. Class A Common Stock.
- F2Includes 1,074 shares of Class A Common Stock acquired under the Company's 2010 Employee Stock Purchase Plan on November 16, 2015.
- F3Subject to the Reporting Person's continuing to be a Service Provider (as defined in the 2010 Equity Incentive Plan) through each applicable vesting date, one-sixteenth (1/16th) of the 28,316 RSUs subject to the award shall vest on August 20, 2014, and an additional one-sixteenth of the RSUs subject to the award shall vest on each successive November 20, February 20, May 20, and August 20 thereafter, such that the award shall be fully vested on May 20, 2018.
- F4Subject to the Reporting Person's continuing to be a Service Provider (as defined in the 2010 Equity Incentive Plan) through each applicable vesting date, one-sixteenth (1/16th) of the 54,000 RSUs subject to the award shall vest on August 20, 2015, and an additional one-sixteenth of the RSUs subject to the award shall vest on each successive November 20, February 20, May 20, and August 20 thereafter, such that the award shall be fully vested on May 20, 2019.