Sayer Michelle Marie 4
4 · MAXLINEAR, INC · Filed Feb 22, 2024
Insider Transaction Report
Form 4
Sayer Michelle Marie
General Counsel
Transactions
- Award
Stock Option (right to buy)
2024-02-22+64,620→ 64,620 totalExercise: $18.76Exp: 2034-02-22→ Common Stock (64,620 underlying) - Tax Payment
Common Stock
2024-02-20$19.15/sh−1,004$19,227→ 10,437 total - Exercise/Conversion
Common Stock
2024-02-20+470→ 11,585 total - Tax Payment
Common Stock
2024-02-20$19.15/sh−470$9,001→ 11,115 total - Award
Common Stock
2024-02-20+2,450→ 11,441 total - Exercise/Conversion
Restricted Stock Units
2024-02-20−470→ 3,444 total→ Common Stock (470 underlying) - Award
Restricted Stock Units
2024-02-22+28,720→ 28,720 total→ Common Stock (28,720 underlying)
Footnotes (5)
- [F1]Represents shares of Common Stock issued to the Reporting Person for the 2023 performance period under the Company's Executive Incentive Bonus Plan (the "Bonus Plan"). All shares were issued pursuant to the Company's Amended and Restated 2010 Equity Incentive Plan. Grant amounts were determined based on the award amount earned under the Bonus Plan and the closing price of the Company's Common Stock in trading on The Nasdaq Global Select Market on February 20, 2024.
- [F2]Each restricted stock unit ("RSU") represents a contingent right to receive one share of MaxLinear, Inc. Common Stock.
- [F3]Subject to the Reporting Person continuing to be a Service Provider (as defined in the Company's Amended and Restated 2010 Equity Incentive Plan) through each applicable vesting date, twenty five percent (25%) of the 4,592 RSUs subject to the award will vest on February 20, 2024, 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, 2027.
- [F4]Subject to the Reporting Person continuing to be a Service Provider (as defined in the Company's Amended and Restated 2010 Equity Incentive Plan) through each applicable vesting date, one-third (1/3rd) of the RSUs subject to the award will vest on February 20, 2025, and one-third (1/3rd) 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, 2027.
- [F5]Subject to the Reporting Person's continuous status as a Service Provider (as defined in the Company's Amended and Restated 2010 Equity Incentive Plan) on each applicable vesting date, ten percent (10%) of the shares subject to the option will vest on February 20, 2025; twenty percent (20%) of the shares subject to the option will vest on February 20, 2026; thirty percent (30%) of the shares subject to the option will vest on February 20, 2027; and forty percent (40%) of the shares subject to the option will vest on February 20, 2028, such that all the shares subject to the option will then be fully vested.