Louie Martin E. 4
4 · Marcus & Millichap, Inc. · Filed Nov 8, 2017
Insider Transaction Report
Form 4
Louie Martin E.
Chief Financial Officer
Transactions
- Exercise/Conversion
Deferred Stock Units
2017-11-06−51,919→ 51,917 total→ Common Stock (51,919 underlying) - Exercise/Conversion
Common Stock
2017-11-06+51,919→ 99,269 total - Tax Payment
Common Stock
2017-11-06$29.00/sh−23,751$688,779→ 75,518 total
Footnotes (3)
- [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]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.