Kurt H. Schwarz - 16 Feb 2022 Form 4 Insider Report for Marcus & Millichap, Inc. (MMI)

Role
Chief Accounting Officer
Signature
/s/ Kurt H. Schwarz
Issuer symbol
MMI
Transactions as of
16 Feb 2022
Net transactions value
-$2,598
Form type
4
Filing time
18 Feb 2022, 16:35:55 UTC
Previous filing
23 Jan 2023
Next filing
14 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MMI Common Stock Options Exercise +130 +2.4% 5,601 16 Feb 2022 By Trust F1, F2
transaction MMI Common Stock Tax liability $2,598 -54 -0.92% $48.12 5,842 16 Feb 2022 By Trust F2, F3, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MMI Restricted Stock Units Options Exercise $0 -130 -100% $0.000000* 0 16 Feb 2022 Common Stock 130 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
F2 Voting and investment power over the shares held by The Schwarz Family Trust dated September 25, 2003 is exercised by the reporting person, as one of the trustees.
F3 Shares withheld by the Issuer in payment of the withholding tax liability incurred upon the above-reported settlement of RSUs. The amount of shares withheld is based on the closing sale price on February 16, 2022.
F4 Includes 295 shares purchased under the issuer's ESPP.
F5 The restricted stock units vested in five equal annual installments beginning February 16, 2020.