SEC Form 4 · accession 0001209191-16-151780
MAXLINEAR, INC · MXL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Adam C. Spice
Officer — VP, Chief Financial Officer
Period of report
Nov 21, 2016
Accepted (ET)
Nov 22, 2016 · 6:09 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 21, 2016 | M | 5,462 | $0.00 | A | 295,875 | D | |
| Class A Common Stock (par value $0.0001) | Nov 21, 2016 | F | 5,462 | $21.99 | D | 290,413 | 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 21, 2016 | M | 1,108 | D | — | — | Class A Common Stock (par value $0.0001) | 1,108 | 12,742 | D |
| Restricted Stock UnitsF1,F4 | — | Nov 21, 2016 | M | 2,282 | D | — | — | Class A Common Stock (par value $0.0001) | 2,282 | 43,750 | D |
| Restricted Stock UnitsF1,F5 | — | Nov 21, 2016 | M | 2,072 | D | — | — | Class A Common Stock (par value $0.0001) | 2,072 | 47,658 | 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 304 shares of Class A Common Stock acquired under the Company's 2010 Employee Stock Purchase Plan on November 15, 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, one-sixteenth (1/16th) of the 33,979 RSUs subject to the award shall vest on August 20, 2014, and an additional one-sixteenth (1/16th) 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 70,000 RSUs subject to the award shall vest on August 20, 2015, and an additional one-sixteenth (1/16th) 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.
- F5Subject 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 63,543 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.