REDDY MADHUKAR 4
4 · MAXLINEAR, INC · Filed Feb 21, 2023
Insider Transaction Report
Form 4
REDDY MADHUKAR
VP, ICs and RF Systems Enginee
Transactions
- Exercise/Conversion
Common Stock
2023-02-20+1,288→ 486,640 total - Tax Payment
Common Stock
2023-02-20$36.74/sh−1,288$47,321→ 485,352 total - Exercise/Conversion
Restricted Stock Units
2023-02-20−1,288→ 7,794 total→ Common Stock (1,288 underlying)
Holdings
- 32,969(indirect: See footnote)
Common Stock
- 32,969(indirect: See footnote)
Common Stock
Footnotes (5)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of MaxLinear, Inc. Common Stock.
- [F2]On February 20, 2023, the Reporting Person's RSUs vested. The RSUs were settled on February 21, 2023, the first business day following the vesting date. The closing price of the Issuer's Common Stock on February 17, 2023 was the settlement price used to calculate the shares withheld.
- [F3]Shares held by Madhukar Reddy Cust Anavi Maram Reddy UTMA, for which the Reporting Person serves as custodian.
- [F4]Shares held by Madhukar Reddy Cust Arnav Maram Reddy UTMA, for which the Reporting Person serves as custodian.
- [F5]Subject to the Reporting Person 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 10,392 RSUs subject to the award will vest on February 20, 2023, and twenty five percent (25%) of the RSUs subject to the award will vest annually on each February 20 thereafter, such that the award will be fully vested on February 20, 2026.