Richard D. Matricaria - Mar 10, 2024 Form 4 Insider Report for Marcus & Millichap, Inc. (MMI)

Role
EVP & COO - Western Division
Signature
/s/ Richard D. Matricaria
Stock symbol
MMI
Transactions as of
Mar 10, 2024
Transactions value $
-$603,527
Form type
4
Date filed
3/12/2024, 09:27 PM
Previous filing
Nov 9, 2023
Next filing
May 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MMI Common Stock Options Exercise +1.38K +38.62% 4.94K Mar 10, 2024 Direct F1
transaction MMI Common Stock Tax liability -$16.8K -492 -9.96% $34.06 4.45K Mar 10, 2024 Direct F2
transaction MMI Common Stock Options Exercise +1.87K +42.14% 6.32K Mar 10, 2024 Direct F1
transaction MMI Common Stock Tax liability -$22.8K -670 -10.6% $34.06 5.65K Mar 10, 2024 Direct F2
transaction MMI Common Stock Options Exercise +2.36K +41.83% 8.02K Mar 10, 2024 Direct F1
transaction MMI Common Stock Tax liability -$28.8K -846 -10.56% $34.06 7.17K Mar 10, 2024 Direct F2
transaction MMI Common Stock Options Exercise +11.8K +163.98% 18.9K Mar 10, 2024 Direct F1
transaction MMI Common Stock Tax liability -$148K -4.36K -23.01% $34.06 14.6K Mar 10, 2024 Direct F2
transaction MMI Common Stock Options Exercise +4.07K +27.95% 18.6K Mar 10, 2024 Direct F1
transaction MMI Common Stock Tax liability -$70.3K -2.06K -11.07% $34.06 16.6K Mar 10, 2024 Direct F2
transaction MMI Common Stock Sale -$317K -9.5K -57.3% $33.32 7.08K Mar 12, 2024 Direct F3

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 -1.38K -100% $0.00* 0 Mar 10, 2024 Common Stock 1.38K Direct F1, F4
transaction MMI Restricted Stock Units Options Exercise $0 -1.87K -49.95% $0.00 1.88K Mar 10, 2024 Common Stock 1.87K Direct F1, F5
transaction MMI Restricted Stock Units Options Exercise $0 -2.36K -33.32% $0.00 4.73K Mar 10, 2024 Common Stock 2.36K Direct F1, F6
transaction MMI Restricted Stock Units Options Exercise $0 -11.8K -25% $0.00 35.3K Mar 10, 2024 Common Stock 11.8K Direct F1, F7
transaction MMI Restricted Stock Units Options Exercise $0 -4.07K -20% $0.00 16.3K Mar 10, 2024 Common Stock 4.07K Direct F1, F8
* 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 11, 2024.
F3 The range of prices for the shares of Common Stock is from $33.25 to $33.385. 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.
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.
F8 The restricted stock units vest in five equal annual installments beginning March 10, 2024.