4//SEC Filing
Torgerson William 4
Accession 0001288469-24-000041
CIK 0001288469other
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 9:36 PM ET
Size
20.3 KB
Accession
0001288469-24-000041
Insider Transaction Report
Form 4
Torgerson William
Vice President, Global Sales
Transactions
- Award
Common Stock
2024-02-20+578→ 165,538 total - Award
Common Stock
2024-02-20+4,043→ 164,960 total - Award
Common Stock
2024-02-20+858→ 166,396 total - Exercise/Conversion
Common Stock
2024-02-20+1,882→ 171,592 total - Award
Restricted Stock Units
2024-02-22+88,772→ 88,772 total→ Common Stock (88,772 underlying) - Tax Payment
Common Stock
2024-02-20$19.15/sh−1,882$36,040→ 169,710 total - Exercise/Conversion
Restricted Stock Units
2024-02-20−1,882→ 18,186 total→ Common Stock (1,882 underlying) - Award
Stock Option (right to buy)
2024-02-22+199,737→ 199,737 totalExercise: $18.76Exp: 2034-02-22→ Common Stock (199,737 underlying)
Footnotes (7)
- [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. The Reporting Person has deferred settlement of the shares pursuant to a Restricted Stock Unit Election Form entered into by the Reporting Person on December 31, 2022 until the earliest of (i) the date of termination of the executive officer's service to the Company; or (ii) a qualifying change in control.
- [F2]Represents shares of Common Stock issued to the Reporting Person in connection with the achievement of financial performance conditions for the 2023 fiscal year that were approved as part of the 2021 performance-based restricted stock award granted on May 20, 2021. All shares were issued pursuant to the Company's Amended and Restated 2010 Equity Incentive Plan. The Reporting Person has deferred settlement of the shares pursuant to a Restricted Stock Unit Election Form entered into by the Reporting Person on December 31, 2022 until the earliest of (i) the date of termination of the executive officer's service to the Company; or (ii) a qualifying change in control.
- [F3]Represents shares of Common Stock issued to the Reporting Person in connection with the achievement of financial performance conditions for the 2023 fiscal year that were approved as part of the 2022 performance-based restricted stock award granted on January 3, 2022. All shares were issued pursuant to the Company's Amended and Restated 2010 Equity Incentive Plan. The Reporting Person has deferred settlement of the shares pursuant to a Restricted Stock Unit Election Form entered into by the Reporting Person on December 31, 2022 until the earliest of (i) the date of termination of the executive officer's service to the Company; or (ii) a qualifying change in control.
- [F4]Each restricted stock unit ("RSU") represents a contingent right to receive one share of MaxLinear, Inc. Common Stock.
- [F5]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, ten percent (10%) of the 25,980 RSUs subject to the award will vest on February 20, 2023, twenty percent (20%) of the RSUs subject to the award will vest on February 20, 2024, thirty percent (30%) of the RSUs subject to the award will vest on February 20, 2025, and forty percent (40%) of the RSUs subject to the award will vest on February 20, 2026, such that the award will be fully vested on February 20, 2026.
- [F6]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.
- [F7]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.
Documents
Issuer
MAXLINEAR, INC
CIK 0001288469
Entity typeother
Related Parties
1- filerCIK 0001562306
Filing Metadata
- Form type
- 4
- Filed
- Feb 21, 7:00 PM ET
- Accepted
- Feb 22, 9:36 PM ET
- Size
- 20.3 KB