SEC Form 4 · accession 0001288469-19-000012
MAXLINEAR, INC · MXL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Curtis Ling
Officer — Chief Technical Officer
Period of report
Feb 14, 2019
Accepted (ET)
Feb 15, 2019 · 5:46 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 | Feb 14, 2019 | M | 60,000 | $4.81 | A | 949,202 | D | |
| Common Stock | Feb 14, 2019 | M | 76,000 | $5.64 | A | 1,025,202 | D | |
| Common Stock | Feb 14, 2019 | F | 76,972 | $22.69 | D | 948,230 | 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)F1 | $4.81 | Feb 14, 2019 | M | 60,000 | D | — | May 10, 2019 | Common Stock | 60,000 | 0 | D |
| Stock Option (right to buy)F2 | $5.64 | Feb 14, 2019 | M | 76,000 | D | — | Aug 9, 2019 | Common Stock | 76,000 | 0 | D |
Explanation of responses
- F180,000 options were originally granted on May 10, 2012. Subject 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 80,000 shares subject to the option vested and became exercisable on May 10, 2013, 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 10, 2016.
- F2100,000 options were originally granted on August 9, 2012. Subject 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 forty-eighth (1/48th) of the 100,000 shares subject to the option vested and became exercisable on each one month anniversary of the vesting commencement date, such that the option became fully vested and exercisable on August 9, 2016.