LaChance Michael J. 4
4 · MAXLINEAR INC · Filed Aug 24, 2020
Insider Transaction Report
Form 4
LaChance Michael J.
Vice President, Operations
Transactions
- Exercise/Conversion
Restricted Stock Units
2020-08-20−756→ 15,322 total→ Common Stock (756 underlying) - Exercise/Conversion
Restricted Stock Units
2020-08-20−5,953→ 0 total→ Common Stock (5,953 underlying) - Exercise/Conversion
Restricted Stock Units
2020-08-20−505→ 2,922 total→ Common Stock (505 underlying) - Exercise/Conversion
Common Stock
2020-08-20+7,214→ 53,714 total - Tax Payment
Common Stock
2020-08-20$25.48/sh−7,214$183,813→ 46,500 total
Footnotes (4)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of MaxLinear, Inc. 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, ten percent (10%) of the 43,041 RSUs subject to the award shall vest on August 20, 2017; twenty percent (20%) of the RSUs subject to the award shall vest on August 20, 2018; thirty (30%) of the RSUs subject to the award shall vest on August 20, 2019; and forty (40%) of the RSUs subject to the award shall vest on August 20, 2020.
- [F3]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-sixteenth (1/16th) of the 23,373 RSUs subject to the award shall vest on May 20, 2017, and an additional one-sixteenth (1/16th) of the RSUs subject to the award shall vest on each successive August 20, November 20, February 20 and May 20 thereafter, such that the award will be fully vested on February 20, 2021.
- [F4]Subject to the Reporting Person continuing to be a Service Provider (as defined in the 2010 Equity Incentive Plan) through each applicable vesting date, one-sixteenth (1/16th) of the 35,021 RSUs subject to the award shall vest on August 20, 2018, and an additional one-sixteenth (1/16th) of the RSUs subject to the award shall vest on each November 20, February 20, May 20, and August 20 thereafter, such that the award shall be fully vested on May 20, 2022.