Hessam Nadji - 07 Mar 2024 Form 4 Insider Report for Marcus & Millichap, Inc. (MMI)

Role
Chief Executive Officer, Director
Signature
/s/ Mark Cortell, as Attorney-in-Fact for Hessam Nadji
Issuer symbol
MMI
Transactions as of
07 Mar 2024
Net transactions value
-$1,559,982
Form type
4
Filing time
12 Mar 2024, 21:30:11 UTC
Previous filing
15 Aug 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 Gift $0 -550 -0.28% $0.000000 194,640 07 Mar 2024 Direct
transaction MMI Common Stock Options Exercise +18,400 +9.5% 213,040 10 Mar 2024 Direct F1
transaction MMI Common Stock Tax liability $289,408 -8,497 -4% $34.06 204,543 10 Mar 2024 Direct F2
transaction MMI Common Stock Options Exercise +18,400 +9% 222,943 10 Mar 2024 Direct F1
transaction MMI Common Stock Tax liability $317,644 -9,326 -4.2% $34.06 213,617 10 Mar 2024 Direct F2
transaction MMI Common Stock Options Exercise +18,400 +8.6% 232,017 10 Mar 2024 Direct F1
transaction MMI Common Stock Tax liability $317,644 -9,326 -4% $34.06 222,691 10 Mar 2024 Direct F2
transaction MMI Common Stock Options Exercise +18,400 +8.3% 241,091 10 Mar 2024 Direct F1
transaction MMI Common Stock Tax liability $317,644 -9,326 -3.9% $34.06 231,765 10 Mar 2024 Direct F2
transaction MMI Common Stock Options Exercise +18,400 +7.9% 250,165 10 Mar 2024 Direct F1
transaction MMI Common Stock Tax liability $317,644 -9,326 -3.7% $34.06 240,839 10 Mar 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 -18,400 -100% $0.000000* 0 10 Mar 2024 Common Stock 18,400 Direct F1, F3
transaction MMI Restricted Stock Units Options Exercise $0 -18,400 -50% $0.000000 18,400 10 Mar 2024 Common Stock 18,400 Direct F1, F4
transaction MMI Restricted Stock Units Options Exercise $0 -18,400 -33% $0.000000 36,800 10 Mar 2024 Common Stock 18,400 Direct F1, F5
transaction MMI Restricted Stock Units Options Exercise $0 -18,400 -25% $0.000000 55,200 10 Mar 2024 Common Stock 18,400 Direct F1, F6
transaction MMI Restricted Stock Units Options Exercise $0 -18,400 -20% $0.000000 73,600 10 Mar 2024 Common Stock 18,400 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.