SEC Form 4 · accession 0001209191-17-034075
MAXLINEAR, INC · MXL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Madhukar Reddy
Officer — VP, Central Engineering
Period of report
May 17, 2017
Accepted (ET)
May 19, 2017 · 6:57 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 |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 17, 2017 | M | 2,019 | $1.1613 | A | 187,838 | D | |
| Common StockF2 | May 17, 2017 | S | 2,019 | $31.5305 | D | 185,819 | D | |
| Common Stock | May 19, 2017 | M | 25,000 | $1.1613 | A | 210,819 | D | |
| Common StockF3 | May 19, 2017 | S | 25,000 | $31.1078 | D | 185,819 | D | |
| Common StockF4 | holding | — | — | — | 26,569 | I | See footnote | |
| Common StockF5 | holding | — | — | — | 26,569 | I | See footnote |
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)F6 | $1.1613 | May 17, 2017 | M | 2,019 | D | — | Aug 7, 2017 | Common Stock | 2,019 | 137,979 | D |
| Stock Option (Right to Buy)F6 | $1.1613 | May 19, 2017 | M | 25,000 | D | — | Aug 7, 2017 | Common Stock | 25,000 | 112,979 | D |
Explanation of responses
- F1Includes 793 shares of Common Stock acquired under the Company's 2010 Employee Stock Purchase Plan on May 15, 2017.
- F2Represents the weighted average share price of an aggregate total of 2,019 shares sold in the price range of $31.50 to $31.59 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.
- F3Represents the weighted average share price of an aggregate total of 25,000 shares sold in the price range of $30.99 to $31.24 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.
- F4Shares held by Madhukar Reddy Cust Anavi Maram Reddy UTMA, for which the Reporting Person serves as custodian.
- F5Shares held by Madhukar Reddy Cust Arnav Maram Reddy UTMA, for which the Reporting Person serves as custodian.
- F6Subject to the Reporting Person's continuing to be a Service Provider (as defined in the 2004 Stock Plan) through each applicable vesting date, twenty five (25%) of the 154,998 shares subject to the option vested and became exercisable on August 7, 2008, and 2.08% of the shares vested and became exercisable at the end of each monthly period thereafter.