John D. Parker - 16 Feb 2022 Form 4 Insider Report for Marcus & Millichap, Inc. (MMI)

Role
EVP & COO - Eastern Division
Signature
/s/ John D. Parker
Issuer symbol
MMI
Transactions as of
16 Feb 2022
Transactions value $
-$46,484
Form type
4
Filing time
18 Feb 2022, 16:31:58 UTC
Previous filing
23 Jan 2023
Next filing
14 Mar 2022
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 +2.36K +1576% 2.51K 16 Feb 2022 Direct F1
transaction MMI Common Stock Tax liability -$46.5K -966 -35.08% $48.12 1.79K 16 Feb 2022 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 -2.36K -100% $0.00* 0 16 Feb 2022 Common Stock 2.36K Direct F1, F4
* 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 settlement of RSUs. The amount of shares withheld is based on the closing sale price on February 16, 2022.
F3 Includes 240 shares purchased on 11/15/2021 under the issuer's ESPP and 150 shares held in the Reporting Person's SEP/IRA account.
F4 The restricted stock units vested in five equal annual installments beginning February 16, 2020.