Hessam Nadji - Mar 7, 2024 Form 4 Insider Report for Marcus & Millichap, Inc. (MMI)

Signature
/s/ Mark Cortell, as Attorney-in-Fact for Hessam Nadji
Stock symbol
MMI
Transactions as of
Mar 7, 2024
Transactions value $
-$1,559,982
Form type
4
Date filed
3/12/2024, 09:30 PM
Previous filing
Aug 15, 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 Gift $0 -550 -0.28% $0.00 195K Mar 7, 2024 Direct
transaction MMI Common Stock Options Exercise +18.4K +9.45% 213K Mar 10, 2024 Direct F1
transaction MMI Common Stock Tax liability -$289K -8.5K -3.99% $34.06 205K Mar 10, 2024 Direct F2
transaction MMI Common Stock Options Exercise +18.4K +9% 223K Mar 10, 2024 Direct F1
transaction MMI Common Stock Tax liability -$318K -9.33K -4.18% $34.06 214K Mar 10, 2024 Direct F2
transaction MMI Common Stock Options Exercise +18.4K +8.61% 232K Mar 10, 2024 Direct F1
transaction MMI Common Stock Tax liability -$318K -9.33K -4.02% $34.06 223K Mar 10, 2024 Direct F2
transaction MMI Common Stock Options Exercise +18.4K +8.26% 241K Mar 10, 2024 Direct F1
transaction MMI Common Stock Tax liability -$318K -9.33K -3.87% $34.06 232K Mar 10, 2024 Direct F2
transaction MMI Common Stock Options Exercise +18.4K +7.94% 250K Mar 10, 2024 Direct F1
transaction MMI Common Stock Tax liability -$318K -9.33K -3.73% $34.06 241K Mar 10, 2024 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 -18.4K -100% $0.00* 0 Mar 10, 2024 Common Stock 18.4K Direct F1, F3
transaction MMI Restricted Stock Units Options Exercise $0 -18.4K -50% $0.00 18.4K Mar 10, 2024 Common Stock 18.4K Direct F1, F4
transaction MMI Restricted Stock Units Options Exercise $0 -18.4K -33.33% $0.00 36.8K Mar 10, 2024 Common Stock 18.4K Direct F1, F5
transaction MMI Restricted Stock Units Options Exercise $0 -18.4K -25% $0.00 55.2K Mar 10, 2024 Common Stock 18.4K Direct F1, F6
transaction MMI Restricted Stock Units Options Exercise $0 -18.4K -20% $0.00 73.6K Mar 10, 2024 Common Stock 18.4K Direct F1, F7
* 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 restricted stock units vest in five equal annual installments beginning March 10, 2020.
F4 The restricted stock units vest in five equal annual installments beginning March 10, 2021.
F5 The restricted stock units vest in five equal annual installments beginning March 10, 2022.
F6 The restricted stock units vest in five equal annual installments beginning March 10, 2023.
F7 The restricted stock units vest in five equal annual installments beginning March 10, 2024.