John David Parker - 10 Mar 2024 Form 4 Insider Report for Marcus & Millichap, Inc. (MMI)

Role
EVP & COO - Eastern Division
Signature
/s/ Mark Cortell, as Attorney-in-Fact for John D. Parker
Issuer symbol
MMI
Transactions as of
10 Mar 2024
Net transactions value
-$325,511
Form type
4
Filing time
12 Mar 2024, 21:30:54 UTC
Previous filing
12 May 2023
Next filing
18 Mar 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 +1,780 +21% 10,159 10 Mar 2024 Direct F1
transaction MMI Common Stock Tax liability $21,867 -642 -6.3% $34.06 9,517 10 Mar 2024 Direct F2
transaction MMI Common Stock Options Exercise +2,204 +23% 11,721 10 Mar 2024 Direct F1
transaction MMI Common Stock Tax liability $27,112 -796 -6.8% $34.06 10,925 10 Mar 2024 Direct F2
transaction MMI Common Stock Options Exercise +2,648 +24% 13,573 10 Mar 2024 Direct F1
transaction MMI Common Stock Tax liability $32,527 -955 -7% $34.06 12,618 10 Mar 2024 Direct F2
transaction MMI Common Stock Options Exercise +11,756 +93% 24,374 10 Mar 2024 Direct F1
transaction MMI Common Stock Tax liability $172,139 -5,054 -21% $34.06 19,320 10 Mar 2024 Direct F2
transaction MMI Common Stock Options Exercise +4,130 +21% 23,450 10 Mar 2024 Direct F1
transaction MMI Common Stock Tax liability $71,867 -2,110 -8.7% $34.06 22,092 10 Mar 2024 Direct F2, 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 -1,780 -100% $0.000000* 0 10 Mar 2024 Common Stock 1,780 Direct F1, F4
transaction MMI Restricted Stock Units Options Exercise $0 -2,204 -50% $0.000000 2,212 10 Mar 2024 Common Stock 2,204 Direct F1, F5
transaction MMI Restricted Stock Units Options Exercise $0 -2,648 -33% $0.000000 5,302 10 Mar 2024 Common Stock 2,648 Direct F1, F6
transaction MMI Restricted Stock Units Options Exercise $0 -11,756 -29% $0.000000 28,976 10 Mar 2024 Common Stock 11,756 Direct F1, F7
transaction MMI Restricted Stock Units Options Exercise $0 -4,130 -20% $0.000000 16,527 10 Mar 2024 Common Stock 4,130 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 Includes 752 shares of Common Stock purchased under the Issuer's Employee Stock Purchase Plan.
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.