SEC Form 4 · accession 0001209191-17-050026
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
Aug 21, 2017
Accepted (ET)
Aug 23, 2017 · 8:25 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 | Aug 21, 2017 | M | 9,924 | $0.00 | A | 332,683 | D | |
| Common Stock | Aug 21, 2017 | F | 9,924 | $20.67 | D | 322,759 | 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,F2 | — | Aug 21, 2017 | M | 1,107 | D | — | — | Common Stock | 1,107 | 6,371 | D |
| Restricted Stock UnitsF1,F3 | — | Aug 21, 2017 | M | 2,282 | D | — | — | Common Stock | 2,282 | 30,625 | D |
| Restricted Stock UnitsF1,F4 | — | Aug 21, 2017 | M | 2,072 | D | — | — | Common Stock | 2,072 | 35,743 | D |
| Restricted Stock UnitsF1,F5 | — | Aug 21, 2017 | M | 3,244 | D | — | — | Common Stock | 3,244 | 55,953 | D |
| Restricted Stock UnitsF1,F6 | — | Aug 21, 2017 | M | 1,219 | D | — | — | Common Stock | 1,219 | 32,722 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") represents a contingent right to receive one share of MaxLinear, Inc. Common Stock.
- F2Subject 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.
- 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 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.
- 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 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.
- 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, ten percent (10%) of the 62,171 RSUs subject to the award will vest on August 20, 2017; twenty percent (20%) of the RSUs subject to the award will vest on August 20, 2018; thirty (30%) of the RSUs subject to the award will vest on August 20, 2019; and forty (40%) of the RSUs subject to the award will vest on August 20, 2020.
- F6Subject 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 37,397 RSUs subject to the award shall vest on May 20, 2017, and an additional one-sixteenth (1/16th) of the RSUs subject to the award shall vest on each successive August 20, November 20, February 20 and May 20 thereafter, such that the award will be fully vested on February 20, 2021.