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Marcus & Millichap, Inc. — Director's Dealing 2021
Mar 12, 2021
32113_dirs_2021-03-12_cb3840d1-3ec9-40a3-a800-1c958f83f4d0.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Marcus & Millichap, Inc. (MMI)
CIK: 0001578732
Period of Report: 2020-02-11
Reporting Person: Schwarz Kurt Henry (Chief Accounting Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-03-10 | Common Stock | M | 128 | — | Acquired | 5152 | Indirect |
| 2021-03-10 | Common Stock | F | 44 | $33.38 | Disposed | 5108 | Indirect |
| 2021-03-10 | Common Stock | M | 404 | — | Acquired | 5512 | Indirect |
| 2021-03-10 | Common Stock | F | 138 | $33.38 | Disposed | 5374 | Indirect |
| 2021-03-10 | Common Stock | M | 147 | — | Acquired | 5521 | Indirect |
| 2021-03-10 | Common Stock | F | 50 | $33.38 | Disposed | 5471 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-02-11 | Restricted Stock Units | $ | A | 735 | Acquired | Common Stock (735) | Direct | |
| 2021-03-10 | Restricted Stock Units | $ | M | 128 | Disposed | Common Stock (128) | Direct | |
| 2021-03-10 | Restricted Stock Units | $ | M | 404 | Disposed | Common Stock (404) | Direct | |
| 2021-03-01 | Restricted Stock Units | $ | M | 147 | Disposed | Common Stock (147) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
F2: 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.
F3: 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, 2021.
F4: The restricted stock units vest in five equal annual installments beginning March 10, 2021.
F5: The Reporting Person was granted 642 restricted stock units, which vest in five equal annual installments beginning March 10, 2019.
F6: The Reporting Person was granted 2,026 restricted stock units, which vest in five equal annual installments beginning March 10, 2020.
F7: The Reporting Person was granted 735 restricted stock units, which vest in five equal annual installments beginning March 10, 2021.