SEC Form 4 · accession 0001209191-17-003008
Marcus & Millichap, Inc. · MMI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Hessam Nadji
Officer — Chief Executive Officer · Director
Period of report
Jan 5, 2017
Accepted (ET)
Jan 9, 2017 · 5:36 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 | Jan 5, 2017 | M | 8,000 | — | A | 339,437 | D | |
| Common StockF2 | Jan 5, 2017 | F | 3,276 | $26.30 | D | 336,161 | 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,F3 | — | Jan 5, 2017 | M | 8,000 | D | — | — | Common Stock | 8,000 | 24,000 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- F2Shares 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.
- F3The restricted stock units vest in five equal annual installments beginning January 5, 2016.