Richard D. Matricaria - 10 Mar 2023 Form 4 Insider Report for Marcus & Millichap, Inc. (MMI)

Role
EVP & COO - Western Division
Signature
/s/ Richard D. Matricaria
Issuer symbol
MMI
Transactions as of
10 Mar 2023
Net transactions value
-$297,709
Form type
4
Filing time
14 Mar 2023, 20:38:35 UTC
Previous filing
13 Feb 2023
Next filing
12 May 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 +1,294 +1470% 1,382 10 Mar 2023 Direct F1
transaction MMI Common Stock Tax liability $20,640 -642 -46% $32.15 740 10 Mar 2023 Direct F2
transaction MMI Common Stock Options Exercise +1,372 +185% 2,112 10 Mar 2023 Direct F1
transaction MMI Common Stock Tax liability $21,926 -682 -32% $32.15 1,430 10 Mar 2023 Direct F2
transaction MMI Common Stock Options Exercise +1,874 +131% 3,304 10 Mar 2023 Direct F1
transaction MMI Common Stock Tax liability $29,900 -930 -28% $32.15 2,374 10 Mar 2023 Direct F2
transaction MMI Common Stock Options Exercise +2,364 +100% 4,738 10 Mar 2023 Direct F1
transaction MMI Common Stock Tax liability $37,776 -1,175 -25% $32.15 3,563 10 Mar 2023 Direct F2
transaction MMI Common Stock Options Exercise +11,756 +330% 15,319 10 Mar 2023 Direct F1
transaction MMI Common Stock Tax liability $187,467 -5,831 -38% $32.15 9,488 10 Mar 2023 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 -1,294 -100% $0.000000* 0 10 Mar 2023 Common Stock 1,294 Direct F1, F3
transaction MMI Restricted Stock Units Options Exercise $0 -1,372 -50% $0.000000 1,376 10 Mar 2023 Common Stock 1,372 Direct F1, F4
transaction MMI Restricted Stock Units Options Exercise $0 -1,874 -33% $0.000000 3,752 10 Mar 2023 Common Stock 1,874 Direct F1, F5
transaction MMI Restricted Stock Units Options Exercise $0 -2,364 -25% $0.000000 7,094 10 Mar 2023 Common Stock 2,364 Direct F1, F6
transaction MMI Restricted Stock Units Options Exercise $0 -11,756 -20% $0.000000 47,032 10 Mar 2023 Common Stock 11,756 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 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 The restricted stock units vest in five equal annual installments beginning March 10, 2019.
F4 The restricted stock units vest in five equal annual installments beginning March 10, 2020.
F5 The restricted stock units vest in five equal annual installments beginning March 10, 2021.
F6 The restricted stock units vest in five equal annual installments beginning March 10, 2022.
F7 The restricted stock units vest in five equal annual installments beginning March 10, 2023.