Hessam Nadji - Apr 10, 2022 Form 4 Insider Report for Marcus & Millichap, Inc. (MMI)

Role: Chief Executive Officer, Director
Signature: /s/ Hessam Nadji
Stock symbol: MMI
Transactions as of: Apr 10, 2022
Transactions value $: -$80,159
Form type: 4
Date filed: 4/12/2022, 08:16 PM
Previous filing: Apr 4, 2022
Next filing: Jan 3, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MMI	Common Stock	Options Exercise		+3K	+1.82%		168K	Apr 10, 2022	Direct	F1
transaction	MMI	Common Stock	Tax liability	-$80.2K	-1.49K	-0.89%	$53.87	167K	Apr 11, 2022	Direct	F2

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	-3K	-50%	$0.00	3K	Apr 10, 2022	Common Stock	3K		Direct	F1, F3

* 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 sales price on the date of settlement on April 11, 2022.
F3	The restricted stock units vest in five equal annual installments beginning April 10, 2019.