SEC Form 5 · accession 0001209191-17-003590
Marcus & Millichap, Inc. · MMI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kurt Henry Schwarz
Officer — Chief Accounting Officer
Period of report
Dec 31, 2016
Accepted (ET)
Jan 12, 2017 · 8:13 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 | Aug 4, 2016 | A | 386 | $0.00 | A | 1,000 | D | |
| Common StockF3 | Aug 4, 2016 | F | 146 | $26.85 | D | 854 | D | |
| Common StockF4 | holding | — | — | — | 300 | I | By Trust |
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,F5 | — | Aug 4, 2016 | M | 386 | D | — | — | Common Stock | 386 | 1,548 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- F2Includes 428 shares acquired under the Issuer's Employee Stock Purchase Plan on May 16, 2016 and November 16, 2016.
- 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 prices on the date of settlement.
- F4Voting 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.
- F5The restricted stock units vest in five equal annual installments beginning August 4, 2016.