SEC Form 4 · accession 0001209191-16-123017
MAXLINEAR, INC · MXL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Connie H. Kwong
Officer — Corporate Controller & PAO
Period of report
May 20, 2016
Accepted (ET)
May 24, 2016 · 6:11 pm EDT
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 | May 20, 2016 | M | 1,152 | $0.00 | A | 4,948 | D | |
| Class A Common Stock (par value $0.0001) | May 20, 2016 | F | 1,152 | $19.37 | D | 3,796 | 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 | — | May 20, 2016 | M | 923 | D | — | — | Class A Common Stock (par value $0.0001) | 923 | 6,750 | D |
| Restricted Stock UnitsF1,F4 | — | May 20, 2016 | M | 229 | D | — | — | Class A Common Stock (par value $0.0001) | 229 | 8,750 | 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 518 shares of Class A Common Stock acquired under the Company's 2010 Employee Stock Purchase Plan on May 16, 2016.
- 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, twenty-five percent (25%) of the 9,000 RSUs subject to the award will vest on May 20, 2016, and one-sixteenth (1/16th) of the 9,000 RSUs subject to the award will vest on each August 20, November 20, February 20 and May 20 thereafter, such that the award will be fully vested on May 20, 2019.
- 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 10,000 RSUs subject to the award shall vest on February 20, 2016, and an additional one-sixteenth (1/16th) of the RSUs subject to the award shall vest on each successive May 20, August 20, November 20, and February 20 thereafter, such that the award will be fully vested on November 20, 2019.