Hughes William E. 4
4 · Marcus & Millichap, Inc. · Filed Nov 8, 2017
Insider Transaction Report
Form 4
Hughes William E.
SVP Marcus & Millichap Capital
Transactions
- Exercise/Conversion
Deferred Stock Unit
2017-11-06−35,067→ 35,068 total→ Common Stock (35,067 underlying) - Tax Payment
Common Stock
2017-11-06$29.00/sh−13,906$403,274→ 61,701 total - Exercise/Conversion
Common Stock
2017-11-06+35,067→ 75,607 total
Holdings
- 118,257(indirect: By Trust)
Common Stock
Footnotes (4)
- [F1]Each deferred stock unit represents a contingent right to receive one share of the Issuer common stock.
- [F2]Shares withheld by the Issuer in payment of the withholding tax liability incurred upon the above-reported settlement of DSUs. The amount of shares withheld is based on the closing sales prices on the date of settlement.
- [F3]Voting and investment power over the shares held by The William E. Hughes, Jr. Revocable Trust Dated August 26, 2005 is exercised by Mr. William E. Hughes, Jr., its trustee.
- [F4]The deferred stock units vest immediately. The deferred stock units will be settled in the Issuer stock at a rate of 20% per year beginning one year from the date of the grant.