Gregory A. LaBerge - 10 May 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 May 2023
Net transactions value
-$9,716
Form type
4
Filing time
12 May 2023, 19:22:45 UTC
Previous filing
14 Mar 2023
Next filing
13 Sep 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 +1,000 +8% 13,559 10 May 2023 Direct F1
transaction MMI Common Stock Tax liability $9,716 -346 -2.6% $28.08 13,213 10 May 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 -1,000 -33% $0.000000 2,000 10 May 2023 Common Stock 1,000 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 sale price on May 10, 2023.
F3 The restricted stock units vest in five equal annual installments beginning May 10, 2021.