Gregory A. LaBerge - Sep 12, 2023 Form 4 Insider Report for Marcus & Millichap, Inc. (MMI)

Signature
/s/ Gregory A. LaBerge
Stock symbol
MMI
Transactions as of
Sep 12, 2023
Transactions value $
-$263,141
Form type
4
Date filed
9/13/2023, 05:40 PM
Previous filing
May 12, 2023
Next filing
Mar 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MMI Common Stock Sale -$263K -8.2K -62.07% $32.09 5.01K Sep 12, 2023 By Trust F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 22, 2023.
F2 The range of prices for the shares of Common Stock is from $31.8850 to $32.23. The reporting person undertakes that he will provide, upon request by the staff of the U.S. Securities and Exchange Commission, full information regarding the number of securities sold at each separate price.
F3 Reflects the sale of shares by the Gregory & Meredith LaBerge TTEE Gregory A. LaBerge Trust.