Randall D. Miles - May 5, 2021 Form 4 Insider Report for EXP World Holdings, Inc. (EXPI)

Role
Director
Signature
/s/ James Bramble, attorney-in-fact for Randall D. Miles
Stock symbol
EXPI
Transactions as of
May 5, 2021
Transactions value $
-$452,099
Form type
4
Date filed
5/7/2021, 05:51 PM
Next filing
May 28, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXPI Common Stock Options Exercise $13.2K +15K +3% $0.88* 515K May 5, 2021 Direct F1
transaction EXPI Common Stock Sale -$402K -13K -2.52% $30.94 502K May 5, 2021 Direct F1, F2, F3
transaction EXPI Common Stock Sale -$63.1K -2K -0.4% $31.56 500K May 5, 2021 Direct F1, F2, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction EXPI Stock Option (Right to Buy) Options Exercise $0 -15K -3.12% $0.00 466K May 5, 2021 Common Stock 15K $0.88 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Balances have been updated due to a scrivener's error.
F2 The sale reported in this Form 4 was effected pursuant to a preexisting Rule 10b5-1 trading plan adopted by the reporting person.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.39 to $31.38, inclusive. The reporting person undertakes to provide to EXP World Holdings, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.39 to $31.79, inclusive. The reporting person undertakes to provide to EXP World Holdings, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and ommission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote (2) to this Form 4.
F5 The Stock Option shares vested ratably over a three year period in 36 monthly installments, with the final vesting date on July 20, 2019.