GEORGE M. MARCUS - 16 Jul 2021 Form 4 Insider Report for Marcus & Millichap, Inc. (MMI)

Role: Director, 10%+ Owner
Signature: /s/ George M. Marcus
Issuer symbol: MMI
Transactions as of: 16 Jul 2021
Transactions value $: $0
Form type: 4
Filing time: 20 Jul 2021, 16:53:24 UTC
Previous filing: 13 May 2021
Next filing: 22 Dec 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MMI	Common Stock	Other	$0	-157K	-1.1%	$0.00	14.1M	16 Jul 2021	By LLC	F1, F2
holding	MMI	Common Stock						132K	16 Jul 2021	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Distribution by Phoenix Investments Holdings LLC ("Phoenix") to a unitholder to redeem the unitholder's membership interest in Phoenix.
F2	Mr. Marcus is the sole member and manager of Ionian Investments Manager LLC, which is the member manager of Phoenix, and prior to the reported distribution, beneficially owned 98.9% of its membership interests. Mr. Marcus has voting and investment power with respect to the shares held by Phoenix. Mr. Marcus disclaims beneficial ownership of shares held by Phoenix except to the extent of his pecuniary interest therein.

Content

Distribution by Phoenix Investments Holdings LLC ("Phoenix") to a unitholder to redeem the unitholder's membership interest in Phoenix.

Mr. Marcus is the sole member and manager of Ionian Investments Manager LLC, which is the member manager of Phoenix, and prior to the reported distribution, beneficially owned 98.9% of its membership interests. Mr. Marcus has voting and investment power with respect to the shares held by Phoenix. Mr. Marcus disclaims beneficial ownership of shares held by Phoenix except to the extent of his pecuniary interest therein.