Hessam Nadji - Apr 10, 2023 Form 4 Insider Report for Marcus & Millichap, Inc. (MMI)

Role
Chief Executive Officer, Director
Signature
/s/ Hessam Nadji
Stock symbol
MMI
Transactions as of
Apr 10, 2023
Transactions value $
-$47,140
Form type
4
Date filed
4/12/2023, 05:07 PM
Previous filing
Mar 14, 2023
Next filing
Aug 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MMI Common Stock Options Exercise +3K +1.55% 197K Apr 10, 2023 Direct F1
transaction MMI Common Stock Tax liability -$47.1K -1.49K -0.76% $31.68 195K Apr 10, 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 -3K -100% $0.00* 0 Apr 10, 2023 Common Stock 3K Direct F1, F3
* 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 settlement of RSUs. The amount of shares withheld is based on the closing sales price on the date of settlement on April 10, 2023.
F3 The restricted stock units vested in five equal annual installments beginning April 10, 2019.