John David Parker - 10 Mar 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
Issuer symbol
MMI
Transactions as of
10 Mar 2022
Net transactions value
-$455,251
Form type
4
Filing time
14 Mar 2022, 20:20:59 UTC
Previous filing
18 Feb 2022
Next filing
12 May 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 +2,008 +112% 3,796 10 Mar 2022 Direct F1
transaction MMI Common Stock Tax liability $46,334 -1,026 -27% $45.16 2,770 10 Mar 2022 Direct F2
transaction MMI Common Stock Options Exercise +1,778 +64% 4,548 10 Mar 2022 Direct F1
transaction MMI Common Stock Tax liability $41,005 -908 -20% $45.16 3,640 10 Mar 2022 Direct F2
transaction MMI Common Stock Options Exercise +2,204 +61% 5,844 10 Mar 2022 Direct F1
transaction MMI Common Stock Tax liability $50,850 -1,126 -19% $45.16 4,718 10 Mar 2022 Direct F2
transaction MMI Common Stock Options Exercise +2,648 +56% 7,366 10 Mar 2022 Direct F1
transaction MMI Common Stock Tax liability $61,056 -1,352 -18% $45.16 6,014 10 Mar 2022 Direct F2
transaction MMI Common Stock Sale $256,005 -5,624 -94% $45.52 390 14 Mar 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 -2,008 -50% $0.000000 2,014 10 Mar 2022 Common Stock 2,008 Direct F1, F4
transaction MMI Restricted Stock Units Options Exercise $0 -1,778 -33% $0.000000 3,558 10 Mar 2022 Common Stock 1,778 Direct F1, F5
transaction MMI Restricted Stock Units Options Exercise $0 -2,204 -25% $0.000000 6,620 10 Mar 2022 Common Stock 2,204 Direct F1, F6
transaction MMI Restricted Stock Units Options Exercise $0 -2,648 -20% $0.000000 10,598 10 Mar 2022 Common Stock 2,648 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