MAXLINEAR INC 4
4 · MAXLINEAR INC · Filed May 30, 2017
Insider Transaction Report
Form 4
CRADDOCK STEVEN
Director
Transactions
- Sale
Common Stock
2017-05-26$30.86/sh−20,000$617,282→ 53,752 total - Exercise/Conversion
Common Stock
2017-05-26$9.10/sh+20,000$182,000→ 73,752 total - Exercise/Conversion
Stock Option (Right to Buy)
2017-05-26−20,000→ 0 totalExercise: $9.10Exp: 2018-05-06→ Common Stock (20,000 underlying)
Footnotes (2)
- [F1]Represents the weighted average share price of an aggregate total of 20,000 shares sold in the price range of $30.77 to $31.00 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.
- [F2]Subject to the Reporting Person's continuing as a Director (as defined in the 2010 Equity Incentive Plan) through each applicable vesting date, one-third (1/3rd) of the shares subject to the option vested and became exercisable on each anniversary of May 6, 2011, such that one hundred percent (100%) of the shares subject to the option were vested and exercisable on the third (3rd) anniversary of May 6, 2011.