John David Parker - 10 Mar 2023 Form 4 Insider Report for Marcus & Millichap, Inc. (MMI)

Role
EVP & COO - Eastern Division
Signature
/s/ John D. Parker
Issuer symbol
MMI
Transactions as of
10 Mar 2023
Net transactions value
-$334,939
Form type
4
Filing time
14 Mar 2023, 20:40:14 UTC
Previous filing
13 Feb 2023
Next filing
16 Mar 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 +2,014 +312% 2,659 10 Mar 2023 Direct F1
transaction MMI Common Stock Tax liability $33,114 -1,030 -39% $32.15 1,629 10 Mar 2023 Direct F2
transaction MMI Common Stock Options Exercise +1,778 +109% 3,407 10 Mar 2023 Direct F1
transaction MMI Common Stock Tax liability $29,192 -908 -27% $32.15 2,499 10 Mar 2023 Direct F2
transaction MMI Common Stock Options Exercise +2,204 +88% 4,703 10 Mar 2023 Direct F1
transaction MMI Common Stock Tax liability $36,201 -1,126 -24% $32.15 3,577 10 Mar 2023 Direct F2
transaction MMI Common Stock Options Exercise +2,648 +74% 6,225 10 Mar 2023 Direct F1
transaction MMI Common Stock Tax liability $43,467 -1,352 -22% $32.15 4,873 10 Mar 2023 Direct F2
transaction MMI Common Stock Options Exercise +11,756 +241% 16,629 10 Mar 2023 Direct F1
transaction MMI Common Stock Tax liability $192,964 -6,002 -35% $32.15 10,906 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 -2,014 -100% $0.000000* 0 10 Mar 2023 Common Stock 2,014 Direct F1, F4
transaction MMI Restricted Stock Units Options Exercise $0 -1,778 -50% $0.000000 1,780 10 Mar 2023 Common Stock 1,778 Direct F1, F5
transaction MMI Restricted Stock Units Options Exercise $0 -2,204 -33% $0.000000 4,416 10 Mar 2023 Common Stock 2,204 Direct F1, F6
transaction MMI Restricted Stock Units Options Exercise $0 -2,648 -25% $0.000000 7,950 10 Mar 2023 Common Stock 2,648 Direct F1, F7
transaction MMI Restricted Stock Units Options Exercise $0 -11,756 -22% $0.000000 40,732 10 Mar 2023 Common Stock 11,756 Direct F1, F8
* 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 279 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, 2019.
F5 The restricted stock units vest in five equal annual installments beginning March 10, 2020.
F6 The restricted stock units vest in five equal annual installments beginning March 10, 2021.
F7 The restricted stock units vest in five equal annual installments beginning March 10, 2022.
F8 The restricted stock units vest in five equal annual installments beginning March 10, 2023.