Kurt H. Schwarz - 10 Mar 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
10 Mar 2022
Net transactions value
-$12,103
Form type
4
Filing time
14 Mar 2022, 20:23:01 UTC
Previous filing
18 Feb 2022
Next filing
13 Feb 2023
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 +128 +2.2% 5,970 10 Mar 2022 By Trust F1, F2
transaction MMI Common Stock Tax liability $2,032 -45 -0.75% $45.16 5,925 10 Mar 2022 By Trust F2, F3
transaction MMI Common Stock Options Exercise +404 +6.8% 6,329 10 Mar 2022 By Trust F1, F2
transaction MMI Common Stock Tax liability $6,368 -141 -2.2% $45.16 6,188 10 Mar 2022 By Trust F2, F3
transaction MMI Common Stock Options Exercise +147 +2.4% 6,335 10 Mar 2022 By Trust F1, F2
transaction MMI Common Stock Tax liability $2,303 -51 -0.81% $45.16 6,284 10 Mar 2022 By Trust F2, F3
transaction MMI Common Stock Options Exercise +89 +1.4% 6,373 10 Mar 2022 By Trust F1, F2
transaction MMI Common Stock Tax liability $1,400 -31 -0.49% $45.16 6,342 10 Mar 2022 By Trust F2, 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 -128 -50% $0.000000 130 10 Mar 2022 Common Stock 128 Direct F1, F4
transaction MMI Restricted Stock Units Options Exercise $0 -404 -33% $0.000000 814 10 Mar 2022 Common Stock 404 Direct F1, F5
transaction MMI Restricted Stock Units Options Exercise $0 -147 -25% $0.000000 441 10 Mar 2022 Common Stock 147 Direct F1, F6
transaction MMI Restricted Stock Units Options Exercise $0 -89 -20% $0.000000 359 10 Mar 2022 Common Stock 89 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 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 March 10, 2022.
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.