SEC Form 4 · accession 0001209191-16-126002
MAXLINEAR, INC · MXL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas E Pardun
Director
Period of report
Jun 3, 2016
Accepted (ET)
Jun 6, 2016 · 4:42 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 3, 2016 | M | 18,000 | $4.2581 | A | 84,252 | D | |
| Class A Common Stock (par value $0.0001)F1 | Jun 3, 2016 | S | 18,000 | $20.3864 | 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 | $4.2581 | Jun 3, 2016 | M | 18,000 | D | — | Jul 28, 2019 | Class A Common Stock (par value $0.0001) | 18,000 | 16,575 | D |
Explanation of responses
- F1Represents the weighted average share price of an aggregate total of 18,000 shares sold in the price range of $20.35 to $20.44 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.
- F2Twenty-five percent (25%) of the shares subject to the option vested and became exercisable on July 28, 2010, and one forty-eighth (1/48th) of the shares subject to the option vested and became exercisable at the end of each monthly period thereafter, such that one hundred percent (100%) of the shares subject to the option were vested and exercisable on July 28, 2013.