SEC Form 4 · accession 0001209191-17-035622
MAXLINEAR, INC · MXL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas E Pardun
Director
Period of report
May 24, 2017
Accepted (ET)
May 25, 2017 · 8:39 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 Stock | May 25, 2017 | M | 21,149 | $9.10 | A | 87,401 | D | |
| Common StockF1 | May 25, 2017 | S | 21,149 | $31.1337 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F3 | — | May 24, 2017 | A | 4,138 | A | — | — | Common Stock | 4,138 | 4,138 | D |
| Stock Option (Right to Buy)F4 | $9.10 | May 25, 2017 | M | 21,149 | D | — | May 6, 2018 | Common Stock | 21,149 | 0 | D |
Explanation of responses
- F1Represents the weighted average share price of an aggregate total of 21,149 shares sold in the price range of $31.10 to $31.185 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.
- F2Each restricted stock unit ("RSU") represents a contingent right to receive one share of MaxLinear, Inc. Common Stock.
- F3Subject to the Reporting Person's continuing as a Director (as defined in the 2010 Equity Incentive Plan) through such date, one hundred percent (100%) of the RSUs subject to the award will vest on the earlier to occur of May 1, 2018 or the date immediately preceding the 2018 annual meeting of stockholders.
- F4Subject to the Reporting Person's continuing as a Director (as defined in the 2010 Equity Incentive Plan) through such applicable vesting date, one hundred percent (100%) of the shares subject to the option vested and became exercisable on the day prior to the 2012 annual meeting of stockholders.