MAXLINEAR, INC 10-K

ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES Market Information and Holders Our common stock is traded on the NASDAQ Stock Market LLC, or the NASDAQ, under the symbol MXL. According to our transfer agent, as of January 26, 2022, there were 61 record holders of our common stock. We believe we have approximately 27,000 beneficial holders of our common stock. Dividend Policy We have never declared or paid cash dividends on our common stock. We currently intend to retain all available funds and any future earnings for use in the operation of our business and do not anticipate paying any dividends on our common stock in the foreseeable future. Any future determination to declare dividends will be made at the discretion of our Board of Directors and will depend on our financial condition, operating results, capital requirements, general business conditions and other factors that our Board of Directors may deem relevant. Stock Performance Graph Notwithstanding any statement to the contrary in any of our previous or future filings with the SEC, the following information relating to the price performance of our common stock shall not be deemed “filed” with the SEC or “Soliciting Material” under the Exchange Act, or subject to Regulation 14A or 14C, or to liabilities of Section 18 of the Exchange Act except to the extent we specifically request that such information be treated as soliciting material or to the extent we specifically incorporate this information by reference. The graph below compares the cumulative total stockholder return on our common stock with the cumulative total return on The NYSE Composite Index and The Philadelphia Semiconductor Index. The period shown commences on December 31, 2016 and ends on December 31, 2021, the end of our last fiscal year. The graph assumes an investment of $100 on December 31, 2016, and the reinvestment of any dividends. We selected the NYSE Composite Index because our common stock was listed on The New York Stock Exchange from December 31, 2016 until December 10, 2021, at which time it became listed on the NASDAQ. 39 Table of Contents The comparisons in the graph below are required by the Securities and Exchange Commission and are not intended to forecast or be indicative of possible future performance of our common stock. 40 Table of Contents Recent Sales of Unregistered Securities None. Recent Repurchases of Equity Securities Period Total Number of Shares Repurchased Average Price Paid Per Share Total Number of Shares Purchased as Part of Publicly Announced Program (1) Maximum Dollar Value of Shares that May Yet Be Purchased Under the Program (1) Fiscal 2021 February 23, 2021 through February 28, 2021 — $ — — $ 100,000,000 March 1, 2021 through March 31, 2021 75,000 $ 35.62 75,000 $ 97,328,822 April 1, 2021 through April 30, 2021 27,000 $ 37.66 27,000 $ 96,311,889 May 1, 2021 through May 31, 2021 50,900 $ 35.48 50,900 $ 94,506,043 June 1, 2021 through June 30, 2021 42,000 $ 39.01 42,000 $ 92,867,547 July 1, 2021 through July 31, 2021 24,200 $ 41.67 24,200 $ 91,859,022 August 1, 2021 through August 31, 2021 — $ — — $ 91,859,022 September 1, 2021 through September 30, 2021 — $ — — $ 91,859,022 October 1, 2021 through October 31, 2021 58,500 $ 52.49 58,500 $ 88,788,577 November 1, 2021 through November 30, 2021 93,624 $ 68.38 93,624 $ 82,386,841 December 1, 2021 through December 31, 2021 83,148 $ 71.24 83,148 $ 76,463,616 Total 454,372 454,372 ______________________ (1) On February 24, 2021, the Company publicly announced that its board of directors authorized a plan to repurchase up to $100 million of the Company’s common stock over a period ending February 16, 2024. The amount and timing of repurchases are subject to a variety of factors including liquidity, share price, market conditions, and legal requirements. Any purchases will be funded from available working capital and may be effected through open market purchases, block transactions, and privately negotiated transactions. The share repurchase program does not obligate the Company to make any repurchases and may be modified, suspended, or terminated by the Company at any time without prior notice. ITEM 6. [RESERVED]