Steven F. DeGennaro - 10 Mar 2023 Form 4 Insider Report for Marcus & Millichap, Inc. (MMI)

Role: EVP and CFO
Signature: /s/ Mark Cortell, as Attorney-in-Fact for Steven F. DeGennaro
Issuer symbol: MMI
Transactions as of: 10 Mar 2023
Net transactions value: -$125,899
Form type: 4
Filing time: 14 Mar 2023, 20:37:41 UTC
Previous filing: 13 Feb 2023
Next filing: 14 Aug 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		+8,854	+305%		11,753	10 Mar 2023	Direct	F1
transaction	MMI	Common Stock	Tax liability	$125,899	-3,916	-33%	$32.15	7,968	10 Mar 2023	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	-8,854	-20%	$0.000000	35,418	10 Mar 2023	Common Stock	8,854		Direct	F1, F4

* 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 March 10, 2023.
F3	Includes 131 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 March 10, 2023.