John D. Parker - Mar 10, 2022 Form 4 Insider Report for Marcus & Millichap, Inc. (MMI)

Role
EVP & COO - Eastern Division
Signature
/s/ Mark Cortell, as Attorney-in-Fact for John D. Parker
Stock symbol
MMI
Transactions as of
Mar 10, 2022
Transactions value $
-$455,251
Form type
4
Date filed
3/14/2022, 08:20 PM
Previous filing
Feb 18, 2022
Next filing
May 12, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MMI Common Stock Options Exercise +2.01K +112.3% 3.8K Mar 10, 2022 Direct F1
transaction MMI Common Stock Tax liability -$46.3K -1.03K -27.03% $45.16 2.77K Mar 10, 2022 Direct F2
transaction MMI Common Stock Options Exercise +1.78K +64.19% 4.55K Mar 10, 2022 Direct F1
transaction MMI Common Stock Tax liability -$41K -908 -19.96% $45.16 3.64K Mar 10, 2022 Direct F2
transaction MMI Common Stock Options Exercise +2.2K +60.55% 5.84K Mar 10, 2022 Direct F1
transaction MMI Common Stock Tax liability -$50.9K -1.13K -19.27% $45.16 4.72K Mar 10, 2022 Direct F2
transaction MMI Common Stock Options Exercise +2.65K +56.13% 7.37K Mar 10, 2022 Direct F1
transaction MMI Common Stock Tax liability -$61.1K -1.35K -18.35% $45.16 6.01K Mar 10, 2022 Direct F2
transaction MMI Common Stock Sale -$256K -5.62K -93.52% $45.52 390 Mar 14, 2022 Direct F3

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 -2.01K -49.93% $0.00 2.01K Mar 10, 2022 Common Stock 2.01K Direct F1, F4
transaction MMI Restricted Stock Units Options Exercise $0 -1.78K -33.32% $0.00 3.56K Mar 10, 2022 Common Stock 1.78K Direct F1, F5
transaction MMI Restricted Stock Units Options Exercise $0 -2.2K -24.98% $0.00 6.62K Mar 10, 2022 Common Stock 2.2K Direct F1, F6
transaction MMI Restricted Stock Units Options Exercise $0 -2.65K -19.99% $0.00 10.6K Mar 10, 2022 Common Stock 2.65K Direct F1, F7
* 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 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 March 10, 2022.
F3 The range of prices for the shares of Common Stock is from $45.39 to $45.655. The reporting person undertakes that he will provide, upon request by the staff of the U.S. Securities and Exchange Commission, full information regarding the number of securities sold at each separate price.
F4 The restricted stock units vest in five equal annual installments beginning March 10, 2019.
F5 The restricted stock units vest in five equal annual installments beginning March 10, 2020.
F6 The restricted stock units vest in five equal annual installments beginning March 10, 2021.
F7 The restricted stock units vest in five equal annual installments beginning March 10, 2022.

Remarks:

Exhibit 24.1: Power of Attorney