SEENDRIPU KISHORE 4

Accession 0001288469-25-000018

CIK 0001288469other

View on SEC.gov Company Profile

Filed

Mar 4, 7:00 PM ET

Accepted

Mar 5, 4:20 PM ET

Size

28.1 KB

Accession

0001288469-25-000018

Insider Transaction Report

Form 4

Period: 2025-03-03

MAXLINEAR, INCMXL

SEENDRIPU KISHORE

DirectorPresident and CEO10% Owner

Transactions

Tax Payment
Common Stock
2025-03-03$13.70/sh−4,477$61,335→ 693,219 total
Exercise/Conversion
Common Stock
2025-03-03+90,111→ 857,028 total
Exercise/Conversion
Restricted Stock Units
2025-03-03−13,494→ 73,673 total
→ Common Stock (13,494 underlying)
Exercise/Conversion
Restricted Stock Units
2025-03-03−76,617→ 278,503 total
→ Common Stock (76,617 underlying)
Tax Payment
Common Stock
2025-03-03$13.70/sh−90,111$1,234,521→ 766,917 total

Holdings

Common Stock
(indirect: See footnote)
896,747
Common Stock
(indirect: See footnote)
300,000
Common Stock
(indirect: See footnote)
300,000
Common Stock
(indirect: See footnote)
182,893
Common Stock
(indirect: See footnote)
18,920
Common Stock
(indirect: See footnote)
448,413
Common Stock
(indirect: See footnote)
448,413
Common Stock
(indirect: See footnote)
295,727
Common Stock
(indirect: See footnote)
295,727
Common Stock
(indirect: See footnote)
295,727
Common Stock
(indirect: See footnote)
295,727
Common Stock
(indirect: See footnote)
250,799
Common Stock
(indirect: See footnote)
250,799

Footnotes (17)

[F1]The Reporting Person deferred delivery of shares of the Company's Common Stock awarded for the 2024 performance period under the Company's Executive Incentive Bonus Plan reported in the Form 4 filed February 24, 2025. On March 3, 2025, the deferred shares were settled and shares withheld by the Company to satisfy tax withholding obligations (and the net issuance) are based on the closing price of the Company's Common Stock in trading on the Nasdaq Global Select Market on March 3, 2025.
[F10]Shares held by the Ishan Krishna Seendripu Trust #2 dtd 07/14/2023, a trust for the benefit of the Reporting Person's child, and of which the trustee is an independent entity. The Reporting Person disclaims Section 16 beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such shares for Section 16 or any other purpose.
[F11]Shares held by the Samira Seendripu Trust #2 dtd 07/14/2023, a trust for the benefit of the Reporting Person's child, and of which the trustee is an independent entity. The Reporting Person disclaims Section 16 beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such shares for Section 16 or any other purpose.
[F12]Shares held by the IKS Heritage Trust #2 dtd 07/14/2023, a trust for the benefit of the Reporting Person's child, and of which the trustee is an independent entity. The Reporting Person disclaims Section 16 beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such shares for Section 16 or any other purpose.
[F13]Shares held by the SS Heritage Trust #2 dtd 07/14/2023, a trust for the benefit of the Reporting Person's child, and of which the trustee is an independent entity. The Reporting Person disclaims Section 16 beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such shares for Section 16 or any other purpose.
[F14]Shares held by the SS Heritage Trust dated July 13, 2020, a trust for the benefit of the Reporting Person's child, and for which the Reporting Person serves as co-trustee.
[F15]Shares held by the IKS Heritage Trust dated July 13, 2020, a trust for the benefit of the Reporting Person's child, and for which the Reporting Person serves as co-trustee.
[F16]Subject to the Reporting Person's continuous status as a Service Provider (as defined in the 2010 Equity Incentive Plan) on each applicable vesting date, twenty five percent (25%) of the 98,231 RSUs subject to the award vested on February 20, 2025, and twenty five percent (25%) of the RSUs subject to the award vest annually on each February 20 thereafter, such that the award will be fully vested on February 20, 2028. The Reporting Person deferred delivery of shares of Common Stock issuable upon the vesting of RSUs on February 20, 2025. On March 3, 2025, the deferred shares of Common Stock were delivered to the Reporting Person. Shares withheld by the Company to satisfy tax withholding obligations (and the net issuance) is based on the closing price of the Company's Common Stock in trading on the Nasdaq Global Select Market on March 3, 2025.
[F17]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 417,754 RSUs subject to the award vested 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. The Reporting Person deferred delivery of shares of Common Stock issuable upon the vesting of RSUs on February 20, 2025. On March 3, 2025, the deferred shares of Common Stock were delivered to the Reporting Person. Shares withheld by the Company to satisfy tax withholding obligations (and the net issuance) is based on the closing price of the Company's Common Stock in trading on the Nasdaq Global Select Market on March 3, 2025.
[F2]Each restricted stock unit ("RSU") represents a contingent right to receive one share of MaxLinear, Inc. Common Stock.
[F3]Shares held by the Seendripu Family Trust dated 10/5/09, a trust for the benefit of the Reporting Person and the Reporting Person's spouse, for which the Reporting Person and the Reporting Person's spouse serve as trustees. Includes 78,356 shares transferred from the Kishore V. Seendripu 2022 Annuity Trust B on March 3, 2025 and 78,356 shares transferred from the Rekha S. Seendripu 2022 Annuity Trust B on March 3, 2025.
[F4]Shares held by the Kishore V. Seendripu 2024 Annuity Trust A, a grantor retained annuity trust for the benefit of the Reporting Person, for which the Reporting Person serves as trustee.
[F5]Shares held by the Rekha S. Seendripu 2024 Annuity Trust A, a grantor retained annuity trust for the benefit of the Reporting Person, for which the Reporting Person serves as trustee.
[F6]Shares held by The Seendripu Family Fund, a donor advised fund, for which the Reporting Person serves an advisor.
[F7]Shares held by the Seendripu Relatives Trust dated 10/5/09, a trust for the benefit of the Reporting Person's parents and siblings, and for which the Reporting Person serves as trustee.
[F8]Shares held by the Samira Seendripu Trust dtd 10/5/2009, a trust for the benefit of the Reporting Person's child, and for which the Reporting Person's sibling serves as trustee. The Reporting Person disclaims Section 16 beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such shares for Section 16 or any other purpose.
[F9]Shares held by the Ishan Krishna Seendripu Trust dtd 10/5/09, a trust for the benefit of the Reporting Person's child, and for which the Reporting Person's sibling serves as trustee. The Reporting Person disclaims Section 16 beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such shares for Section 16 or any other purpose.

Documents

1 file

4
wk-form4_1741209593.xmlPrimary
FORM 4

Issuer

MAXLINEAR, INC

CIK 0001288469

→

Entity typeother

Related Parties

filerCIK 0001478340

Filing Metadata

Form type: 4
Filed: Mar 4, 7:00 PM ET
Accepted: Mar 5, 4:20 PM ET
Size: 28.1 KB

View on SEC.gov