Richard D. Matricaria - 10 Mar 2022 Form 4 Insider Report for Marcus & Millichap, Inc. (MMI)

Role
EVP & COO - Western Division
Signature
/s/ Richard D. Matricaria
Issuer symbol
MMI
Transactions as of
10 Mar 2022
Net transactions value
-$154,854
Form type
4
Filing time
14 Mar 2022, 20:19:13 UTC
Previous filing
18 Feb 2022
Next filing
12 May 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 +1,294 +185% 1,994 10 Mar 2022 Direct F1
transaction MMI Common Stock Tax liability $28,993 -642 -32% $45.16 1,352 10 Mar 2022 Direct F2
transaction MMI Common Stock Options Exercise +1,372 +101% 2,724 10 Mar 2022 Direct F1
transaction MMI Common Stock Tax liability $30,799 -682 -25% $45.16 2,042 10 Mar 2022 Direct F2
transaction MMI Common Stock Options Exercise +1,874 +92% 3,916 10 Mar 2022 Direct F1
transaction MMI Common Stock Tax liability $41,999 -930 -24% $45.16 2,986 10 Mar 2022 Direct F2
transaction MMI Common Stock Options Exercise +2,364 +79% 5,350 10 Mar 2022 Direct F1
transaction MMI Common Stock Tax liability $53,063 -1,175 -22% $45.16 4,175 10 Mar 2022 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 -1,294 -50% $0.000000 1,294 10 Mar 2022 Common Stock 1,294 Direct F1, F3
transaction MMI Restricted Stock Units Options Exercise $0 -1,372 -33% $0.000000 2,748 10 Mar 2022 Common Stock 1,372 Direct F1, F4
transaction MMI Restricted Stock Units Options Exercise $0 -1,874 -25% $0.000000 5,626 10 Mar 2022 Common Stock 1,874 Direct F1, F5
transaction MMI Restricted Stock Units Options Exercise $0 -2,364 -20% $0.000000 9,458 10 Mar 2022 Common Stock 2,364 Direct F1, F6
* 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 March 10, 2022.
F3 The restricted stock units vest in five equal annual installments beginning March 10, 2019.
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.