Gregory A. LaBerge - 10 Mar 2023 Form 4 Insider Report for Marcus & Millichap, Inc. (MMI)

Role
Chief Administrative Officer
Signature
/s/ Gregory A. LaBerge
Issuer symbol
MMI
Transactions as of
10 Mar 2023
Net transactions value
-$87,641
Form type
4
Filing time
14 Mar 2023, 20:41:57 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 +505 +6.8% 7,920 10 Mar 2023 Direct F1
transaction MMI Common Stock Tax liability $5,658 -176 -2.2% $32.15 7,744 10 Mar 2023 Direct F2
transaction MMI Common Stock Options Exercise +391 +5% 8,135 10 Mar 2023 Direct F1
transaction MMI Common Stock Tax liability $4,372 -136 -1.7% $32.15 7,999 10 Mar 2023 Direct F2
transaction MMI Common Stock Options Exercise +610 +7.6% 8,609 10 Mar 2023 Direct F1
transaction MMI Common Stock Tax liability $6,784 -211 -2.5% $32.15 8,398 10 Mar 2023 Direct F2
transaction MMI Common Stock Options Exercise +1,012 +12% 9,410 10 Mar 2023 Direct F1
transaction MMI Common Stock Tax liability $11,285 -351 -3.7% $32.15 9,059 10 Mar 2023 Direct F2
transaction MMI Common Stock Options Exercise +5,352 +59% 14,411 10 Mar 2023 Direct F1
transaction MMI Common Stock Tax liability $59,542 -1,852 -13% $32.15 12,559 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 -505 -100% $0.000000* 0 10 Mar 2023 Common Stock 505 Direct F1, F3
transaction MMI Restricted Stock Units Options Exercise $0 -391 -50% $0.000000 392 10 Mar 2023 Common Stock 391 Direct F1, F4
transaction MMI Restricted Stock Units Options Exercise $0 -610 -33% $0.000000 1,221 10 Mar 2023 Common Stock 610 Direct F1, F5
transaction MMI Restricted Stock Units Options Exercise $0 -1,012 -25% $0.000000 3,044 10 Mar 2023 Common Stock 1,012 Direct F1, F6
transaction MMI Restricted Stock Units Options Exercise $0 -5,352 -20% $0.000000 21,414 10 Mar 2023 Common Stock 5,352 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 vested 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.