X0306 4 2017-11-14 0 0001578732 Marcus & Millichap, Inc. MMI 0001589464 Phoenix Investments Holdings LLC 777 S. CALIFORNIA AVENUE PALO ALTO CA 94303 0 0 1 0 Common Stock 2017-11-14 4 S 0 132606 30.6959 D 19473794 D Common Stock 2017-11-15 4 S 0 141101 30.3484 D 19332693 D Common Stock 2017-11-16 4 S 0 100000 30.5446 D 19232693 D The range of prices for the shares of Common Stock is from $30.44 to $31.28. 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. The range of prices for the shares of Common Stock is from $30.02 to $30.5075. 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. The range of prices for the shares of Common Stock is from $30.43 to $30.7225. 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. /s/ Alex Yarmolinsky, Chief Financial Officer 2017-11-16