Kurt H. Schwarz - 10 Mar 2023 Form 4 Insider Report for Marcus & Millichap, Inc. (MMI)

Role
Chief Accounting Officer
Signature
/s/ Kurt H. Schwarz
Issuer symbol
MMI
Transactions as of
10 Mar 2023
Net transactions value
-$11,156
Form type
4
Filing time
14 Mar 2023, 20:43:59 UTC
Previous filing
13 Feb 2023
Next filing
12 Mar 2024
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 +130 +2% 6,472 10 Mar 2023 By Trust F1, F2
transaction MMI Common Stock Tax liability $1,736 -54 -0.83% $32.15 6,418 10 Mar 2023 By Trust F2, F3
transaction MMI Common Stock Options Exercise +404 +6.3% 6,822 10 Mar 2023 By Trust F1, F2
transaction MMI Common Stock Tax liability $4,790 -149 -2.2% $32.15 6,673 10 Mar 2023 By Trust F2, F3
transaction MMI Common Stock Options Exercise +147 +2.2% 6,820 10 Mar 2023 By Trust F1, F2
transaction MMI Common Stock Tax liability $1,608 -50 -0.73% $32.15 6,770 10 Mar 2023 By Trust F2, F3
transaction MMI Common Stock Options Exercise +89 +1.3% 6,859 10 Mar 2023 By Trust F1, F2
transaction MMI Common Stock Tax liability $964 -30 -0.44% $32.15 6,829 10 Mar 2023 By Trust F2, F3
transaction MMI Common Stock Options Exercise +190 +2.8% 7,019 10 Mar 2023 By Trust F1, F2
transaction MMI Common Stock Tax liability $2,058 -64 -0.88% $32.15 7,245 10 Mar 2023 By Trust F2, F3, F4

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 -130 -100% $0.000000* 0 10 Mar 2023 Common Stock 130 Direct F1, F5
transaction MMI Restricted Stock Units Options Exercise $0 -404 -50% $0.000000 410 10 Mar 2023 Common Stock 404 Direct F1, F6
transaction MMI Restricted Stock Units Options Exercise $0 -147 -33% $0.000000 294 10 Mar 2023 Common Stock 147 Direct F1, F7
transaction MMI Restricted Stock Units Options Exercise $0 -89 -25% $0.000000 270 10 Mar 2023 Common Stock 89 Direct F1, F8
transaction MMI Restricted Stock Units Options Exercise $0 -190 -20% $0.000000 761 10 Mar 2023 Common Stock 190 Direct F1, F9
* 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 Voting and investment power over the shares held by The Schwarz Family Trust dated September 25, 2003 is exercised by the reporting person, as one of the trustees.
F3 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.
F4 Includes 290 shares of Common Stock purchased under the Issuer's Employee Stock Purchase Plan.
F5 The restricted stock units vest in five equal annual installments beginning March 10, 2019.
F6 The restricted stock units vest in five equal annual installments beginning March 10, 2020.
F7 The restricted stock units vest in five equal annual installments beginning March 10, 2021.
F8 The restricted stock units vest in five equal annual installments beginning March 10, 2022.
F9 The restricted stock units vest in five equal annual installments beginning March 10, 2023.