SEC Form 4 · accession 0001209191-16-124863
MAXLINEAR, INC · MXL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven Craddock
Director
Period of report
Jun 1, 2016
Accepted (ET)
Jun 1, 2016 · 8:10 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) | Jun 1, 2016 | M | 18,770 | $9.10 | A | 85,022 | D | |
| Class A Common Stock (par value $0.0001)F1 | Jun 1, 2016 | S | 18,770 | $20.6199 | D | 66,252 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F2 | $9.10 | Jun 1, 2016 | M | 18,770 | D | — | May 6, 2018 | Class A Common Stock (par value $0.0001) | 18,770 | 20,000 | D |
Explanation of responses
- F1Represents the weighted average share price of an aggregate total of 18,770 shares sold in the price range of $20.44 to $20.82 by the reporting person. The reporting person undertakes to provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F2One-third (1/3rd) of the shares subject to the option vested and became exercisable on each anniversary of May 6, 2011, such that one hundred percent (100%) of the shares subject to the option were vested and exercisable on the third (3rd) anniversary of May 6, 2011.