Sec Form 4 Filing - REDDY MADHUKAR @ MAXLINEAR INC - 2014-06-19

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
REDDY MADHUKAR
2. Issuer Name and Ticker or Trading Symbol
MAXLINEAR INC [ MXL]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
VP, Central Engineering
(Last) (First) (Middle)
5966 LA PLACE COURT, SUITE 100
3. Date of Earliest Transaction (MM/DD/YY)
06/19/2014
(Street)
CARLSBAD, CA92008
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock (par value $0.0001)( 1 ) 06/19/2014 M 3,112 A $ 0.2323 91,763 D
Class A Common Stock (par value $0.0001) 06/19/2014 S( 2 ) 3,112 D $ 9.9455( 3 ) 88,651 D
Class A Common Stock (par value $0.0001)( 1 ) 06/20/2014 M 7,088 A $ 0.2323 95,739 D
Class A Common Stock (par value $0.0001) 06/20/2014 S( 2 ) 7,088 D $ 10.0597( 6 ) 88,651 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy) $ 0.2323 06/19/2014 M 3,112 ( 4 ) 10/28/2015 Class B Common Stock (par value $0.0001)( 5 ) 3,112 $ 0 33,314 D
Employee Stock Option (right to buy) $ 0.2323 06/20/2014 M 7,088 ( 4 ) 10/28/2015 Class B Common Stock (par value $0.0001)( 5 ) 7,088 $ 0 26,226 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
REDDY MADHUKAR
5966 LA PLACE COURT
SUITE 100
CARLSBAD, CA92008
VP, Central Engineering
Signatures
/s/ Justin Scarpulla, as Attorney-in-Fact 06/23/2014
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Reflects shares of Class B Common Stock converted into an equivalent number of shares of Class A Common Stock.
( 2 )The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 28, 2014.
( 3 )Represents the weighted average share price of an aggregate total of 3,112 shares sold in the price range of $9.76 to $10.13 by the Reporting Person. The Reporting Person undertakes to provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
( 4 )Shares subject to the option are fully vested and immediately exercisable.
( 5 )Each share of Class B Common Stock is convertible into one share of Class A Common Stock upon certain transfers and at the option of the Reporting Person. On the seventh anniversary of the closing of the Registrant's initial public offering (March 29, 2017), the Class B Common Stock and the Class A Common Stock will automatically convert into a single class of Common Stock.
( 6 )Represents the weighted average share price of an aggregate total of 7,088 shares sold in the price range of $9.91 to $10.155 by the Reporting Person. The Reporting Person undertakes to provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.