SEC Form 4 · accession 0001209191-17-062222
Marcus & Millichap, Inc. · MMI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George M Marcus
Director · 10% Owner
Period of report
Nov 17, 2017
Accepted (ET)
Nov 21, 2017 · 8:02 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 | Nov 17, 2017 | S | 243,898 | $30.4977 | D | 18,988,795 | I | By LLC |
| Common StockF3,F2 | Nov 20, 2017 | S | 188,826 | $30.5241 | D | 18,799,969 | I | By LLC |
| Common StockF4,F2 | Nov 21, 2017 | S | 136,363 | $31.0009 | D | 18,663,606 | I | By LLC |
| Common Stock | holding | — | — | — | 15,879 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The range of prices for the shares of Common Stock is from $30.40 to $30.625. The reporting person undertakes that he will provide, upon request by the staff of the U.S. Securities and Exchange Commission, full information regarding the number of securities sold at each separate price.
- F2THE SHARES ARE BEING SOLD BY PHOENIX INVESTMENTS HOLDINGS LLC ("PHOENIX") AND NOT BY MR. MARCUS. Mr. Marcus is the sole member and manager of Ionian Investments Manager LLC, which is the non-member manager of Phoenix, and beneficially owns 98.4% of its membership interests. Mr. Marcus has voting and investment power with respect to the shares held by Phoenix. Mr. Marcus disclaims beneficial ownership of shares held by Phoenix except to the extent of his pecuniary interest therein.
- F3The range of prices for the shares of Common Stock is from $30.50 to $30.645. The reporting person undertakes that he will provide, upon request by the staff of the U.S. Securities and Exchange Commission, full information regarding the number of securities sold at each separate price.
- F4The range of prices for the shares of Common Stock is from $30.84 to $31.08. The reporting person undertakes that he will provide, upon request by the staff of the U.S. Securities and Exchange Commission, full information regarding the number of securities sold at each separate price.