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

Role
Chief Executive Officer, Director
Signature
/s/ Hessam Nadji
Issuer symbol
MMI
Transactions as of
10 Apr 2022
Net transactions value
-$80,159
Form type
4
Filing time
12 Apr 2022, 20:16:10 UTC
Previous filing
04 Apr 2022
Next filing
03 Jan 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 +3,000 +1.8% 168,058 10 Apr 2022 Direct F1
transaction MMI Common Stock Tax liability $80,159 -1,488 -0.89% $53.87 166,570 11 Apr 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 -3,000 -50% $0.000000 3,000 10 Apr 2022 Common Stock 3,000 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.