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

Role
EVP & COO - Western Division
Signature
/s/ Richard D. Matricaria
Issuer symbol
MMI
Transactions as of
10 Mar 2024
Net transactions value
-$603,527
Form type
4
Filing time
12 Mar 2024, 21:27:40 UTC
Previous filing
09 Nov 2023
Next filing
06 May 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 +1,376 +39% 4,939 10 Mar 2024 Direct F1
transaction MMI Common Stock Tax liability $16,758 -492 -10% $34.06 4,447 10 Mar 2024 Direct F2
transaction MMI Common Stock Options Exercise +1,874 +42% 6,321 10 Mar 2024 Direct F1
transaction MMI Common Stock Tax liability $22,820 -670 -11% $34.06 5,651 10 Mar 2024 Direct F2
transaction MMI Common Stock Options Exercise +2,364 +42% 8,015 10 Mar 2024 Direct F1
transaction MMI Common Stock Tax liability $28,815 -846 -11% $34.06 7,169 10 Mar 2024 Direct F2
transaction MMI Common Stock Options Exercise +11,756 +164% 18,925 10 Mar 2024 Direct F1
transaction MMI Common Stock Tax liability $148,331 -4,355 -23% $34.06 14,570 10 Mar 2024 Direct F2
transaction MMI Common Stock Options Exercise +4,072 +28% 18,642 10 Mar 2024 Direct F1
transaction MMI Common Stock Tax liability $70,300 -2,064 -11% $34.06 16,578 10 Mar 2024 Direct F2
transaction MMI Common Stock Sale $316,503 -9,500 -57% $33.32 7,078 12 Mar 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 -1,376 -100% $0.000000* 0 10 Mar 2024 Common Stock 1,376 Direct F1, F4
transaction MMI Restricted Stock Units Options Exercise $0 -1,874 -50% $0.000000 1,878 10 Mar 2024 Common Stock 1,874 Direct F1, F5
transaction MMI Restricted Stock Units Options Exercise $0 -2,364 -33% $0.000000 4,730 10 Mar 2024 Common Stock 2,364 Direct F1, F6
transaction MMI Restricted Stock Units Options Exercise $0 -11,756 -25% $0.000000 35,276 10 Mar 2024 Common Stock 11,756 Direct F1, F7
transaction MMI Restricted Stock Units Options Exercise $0 -4,072 -20% $0.000000 16,290 10 Mar 2024 Common Stock 4,072 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.