MCCREADY PATRICK E 4
4 · MAXLINEAR INC · Filed May 9, 2011
Insider Transaction Report
Form 4
MCCREADY PATRICK E
CAO and Controller
Transactions
- Award
Stock Option (Right to Buy)
2011-05-06+30,000→ 30,000 totalExercise: $9.10Exp: 2018-05-06→ Class A Common Stock (par value $0.0001) (30,000 underlying) - Award
Restricted Stock Units
2011-05-06+15,000→ 15,000 totalExp: 2015-05-20→ Class A Common Stock (par value $0.0001) (15,000 underlying)
Footnotes (3)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of MaxLinear, Inc. Class A Common Stock.
- [F2]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 RSUs subject to the award shall vest on May 20, 2012, and twenty five (25%) of the RSUs subject to the award vest on each successive anniversary thereafter, such that the award shall be fully vested on May 20, 2015.
- [F3]Ten percent (10%) of the shares subject to the option shall vest and become exercisable on the one (1) year anniversary of the date of grant, and, thereafter, twenty percent (20%) of the shares subject to the option shall vest and become exercisable on the two (2) year anniversary of the date of grant, thirty percent (30%) of the shares subject to the option shall vest and become exercisable on the three (3) year anniversary of the date of grant, and forty percent (40%) of the shares subject to the option shall vest and become exercisable on the four (4) year anniversary of the date of grant, such that the option shall be fully vested on the four (4) year anniversary of the date of grant, subject to the Reporting Person's continuing to be a service provider through each such date.