Marcus & Millichap, Inc. — Director's Dealing 2019

Mar 13, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Marcus & Millichap, Inc. (MMI)
CIK: 0001578732
Period of Report: 2018-02-26

Reporting Person: Schwarz Kurt Henry (Chief Accounting Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-02-16	Common Stock	M	127	—	Acquired	2857	Indirect
2019-02-16	Common Stock	F	43	$39.56	Disposed	2814	Indirect
2019-02-25	Common Stock	M	186	—	Acquired	3000	Indirect
2019-02-25	Common Stock	F	63	$38.66	Disposed	2937	Indirect
2019-03-10	Common Stock	M	128	—	Acquired	3065	Indirect
2019-03-10	Common Stock	F	44	$38.57	Disposed	3021	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-02-26	Restricted Stock Units	$	A	642	Acquired		Common Stock (642)	Direct
2019-02-13	Restricted Stock Units	$	A	2026	Acquired		Common Stock (2026)	Direct
2019-02-16	Restricted Stock Units	$	M	127	Disposed		Common Stock (127)	Direct
2019-02-25	Restricted Stock Units	$	M	186	Disposed		Common Stock (186)	Direct
2019-03-10	Restricted Stock Units	$	M	128	Disposed		Common Stock (128)	Direct

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.

F2: Includes 183 shares purchased on May 15, 2018 and 150 shares purchased on November 18, 2018 pursuant to the Company's Employee Stock Purchase Plan.

F3: Voting and investment power over the shares held by The Schwarz Family Trust dated September 25, 2003 is exercised by the reporting person, as one of the trustees.

F4: 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 19, 2019.

F5: 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 of the date of settlement.

F6: 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 11, 2019.

F7: Twenty percent will vest on each of the first five anniversaries commencing on the tenth (10th) day of the month following the Grant Date, subject to the recipient remaining a Service Provider through each such vesting date.

F8: The restricted stock units vest in five equal annual installments beginning February 16, 2018.

F9: The restricted stock units vest in five equal annual installments beginning February 25, 2017.

F10: Twenty percent will vest on each of the first five anniversaries commencing on the tenth (10th) day of the month following the grant date, subject to the recipient remaining a Service Provider through each such vesting date.