SEC Form 4 · accession 0001209191-18-061002
MAXLINEAR, INC · MXL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael J. LaChance
Officer — Vice President, Operations
Period of report
Dec 3, 2018
Accepted (ET)
Dec 4, 2018 · 5:51 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 |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Dec 3, 2018 | M | 43,115 | $6.93 | A | 131,232 | D | |
| Common StockF1 | Dec 3, 2018 | S | 43,115 | $20.7846 | D | 88,117 | D | |
| Common Stock | Dec 4, 2018 | S | 6,885 | $20.56 | D | 81,232 | 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 | $6.93 | Dec 3, 2018 | M | 43,115 | D | — | May 14, 2020 | Common Stock | 43,115 | 0 | D |
Explanation of responses
- F1Represents the weighted average share price of an aggregate total of 43,115 shares sold in the price range of $20.26 to $20.955 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 to be a Service Provider (as defined in the 2010 Equity Incentive Plan) through each applicable vesting date, twenty five percent (25%) of the 43,115 shares subject to the option vested and became exercisable on May 14, 2014, and an additional twenty five percent (25%) of the shares subject to the option vested and became exercisable on each successive anniversary thereafter, such that the option became fully vested and exercisable on May 14, 2017.