Steven F. DeGennaro - 10 Aug 2022 Form 4 Insider Report for Marcus & Millichap, Inc. (MMI)

Role
EVP and CFO
Signature
/s/ Steven F. DeGennaro
Issuer symbol
MMI
Transactions as of
10 Aug 2022
Net transactions value
-$58,716
Form type
4
Filing time
12 Aug 2022, 16:29:05 UTC
Previous filing
23 Jan 2023
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 +1,500 +153% 2,481 10 Aug 2022 Direct F1
transaction MMI Common Stock Options Exercise +1,500 +60% 3,981 10 Aug 2022 Direct F1
transaction MMI Common Stock Tax liability $58,716 -1,488 -34% $39.46 2,899 10 Aug 2022 Direct 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 -1,500 -25% $0.000000 4,500 10 Aug 2022 Common Stock 1,500 Direct F1, F4
transaction MMI Restricted Stock Units Options Exercise $0 -1,500 -20% $0.000000 6,000 10 Aug 2022 Common Stock 1,500 Direct F1, F5
* 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 settlements of RSUs. The amount of shares withheld is based on the closing sale price on August 10, 2022.
F3 Includes 406 shares of Common Stock purchased under the Issuer's Employee Stock Purchase Plan.
F4 The restricted stock units vest in five equal annual installments beginning August 10, 2021.
F5 The restricted stock units vest in five equal annual installments beginning August 10, 2022.