George M. Marcus - Jul 16, 2021 Form 4 Insider Report for Marcus & Millichap, Inc. (MMI)

Signature
/s/ George M. Marcus
Stock symbol
MMI
Transactions as of
Jul 16, 2021
Transactions value $
$0
Form type
4
Date filed
7/20/2021, 04:53 PM
Previous filing
May 13, 2021
Next filing
Dec 22, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MMI Common Stock Other $0 -157K -1.1% $0.00 14.1M Jul 16, 2021 By LLC F1, F2
holding MMI Common Stock 132K Jul 16, 2021 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Distribution by Phoenix Investments Holdings LLC ("Phoenix") to a unitholder to redeem the unitholder's membership interest in Phoenix.
F2 Mr. Marcus is the sole member and manager of Ionian Investments Manager LLC, which is the member manager of Phoenix, and prior to the reported distribution, beneficially owned 98.9% of its membership interests. Mr. Marcus has voting and investment power with respect to the shares held by Phoenix. Mr. Marcus disclaims beneficial ownership of shares held by Phoenix except to the extent of his pecuniary interest therein.