SEC Form 4 · accession 0001288469-19-000044
MAXLINEAR, INC · MXL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Donald E Schrock
Director
Period of report
Feb 28, 2019
Accepted (ET)
Mar 1, 2019 · 4:16 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 28, 2019 | M | 34,575 | $7.4478 | A | 76,278 | D | |
| Common StockF1 | Feb 28, 2019 | S | 34,575 | $25.3559 | D | 41,703 | 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 | $7.4478 | Feb 28, 2019 | M | 34,575 | D | — | Oct 26, 2019 | Common Stock | 34,575 | 0 | D |
Explanation of responses
- F1Represents the weighted average share price of an aggregate total of 34,575 shares sold in the price range of $25.25 to $25.40 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 2004 Stock Plan) through each applicable vesting date, twenty five percent (25%) of the shares subject to the option vested and became exercisable on October 27, 2010, and 2.08% of the shares vested and became exercisable at the end of each monthly period thereafter.