Business Context and Reporting Period
Company: MaxLinear, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: November 19, 2013
Reporting Period: The filing addresses an update to corporate governance disclosures originally made in the April 16, 2013 proxy statement.
Financial Metrics
This filing does not contain financial data. There are no reported values for revenue, profit, cash flow, margins, debt, or liquidity.
Material Changes
The filing updates the Company's disclosure regarding communications with the Board of Directors to comply with New York Stock Exchange corporate governance rules. Specifically, the Company clarified that "interested parties," in addition to stockholders, may utilize the established method to communicate with the Board, Lead Director, committee chairmen, individual directors, or the non-management/independent directors as a group.
Guidance, Outlook, and Risks
Management Commentary: The Chief Financial Officer (CFO) will monitor all written communications and provide a summary to the Board at each regularly scheduled quarterly meeting. The CFO retains the discretion to seek immediate attention from the appropriate committee or director if the nature of a communication warrants it.
Risks and Contingencies: No financial risks, contingencies, or unusual items are disclosed in this filing.
Key Facts for Investor Verification
- The filing is a procedural update to corporate governance protocols, not a financial report.
- Communication channels with the Board are now explicitly open to "interested parties" as well as stockholders.
- All communications must be in writing or via fax to the CFO at the Carlsbad, California headquarters.
- The Board meets on a quarterly basis to review summaries of these communications.