SEC Form 4 · accession 0001209191-17-036287
MAXLINEAR, INC · MXL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven Craddock
Director
Period of report
May 26, 2017
Accepted (ET)
May 30, 2017 · 7:24 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 26, 2017 | M | 20,000 | $9.10 | A | 73,752 | D | |
| Common StockF1 | May 26, 2017 | S | 20,000 | $30.8641 | D | 53,752 | 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 | May 26, 2017 | M | 20,000 | D | — | May 6, 2018 | Common Stock | 20,000 | 0 | D |
Explanation of responses
- F1Represents the weighted average share price of an aggregate total of 20,000 shares sold in the price range of $30.77 to $31.00 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.
- F2Subject to the Reporting Person's continuing as a Director (as defined in the 2010 Equity Incentive Plan) through each applicable vesting date, one-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.