SEC Form 4 · accession 0001209191-16-090439
Marcus & Millichap, Inc. · MMI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Martin E. Louie
Officer — Chief Financial Officer
Period of report
Jan 5, 2016
Accepted (ET)
Jan 7, 2016 · 8:16 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001578732
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jan 5, 2016 | M | 4,000 | — | A | 90,673 | D | |
| Common StockF3 | Jan 5, 2016 | F | 1,750 | $27.89 | D | 88,923 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F4 | — | Jan 5, 2016 | M | 4,000 | D | — | — | Common Stock | 4,000 | 16,000 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- F2Includes 1,739 shares acquired under the Issuer's employee stock purchase plan.
- F3Shares 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 sales price on the date of settlement.
- F4The restricted stock units vest in five equal annual installments beginning January 5, 2016.