Jian Cheng - 07 Jul 2021 Form 4 Insider Report for EXP World Holdings, Inc. (EXPI)

Signature
/s/ James Bramble, attorney-in-fact for
Issuer symbol
EXPI
Transactions as of
07 Jul 2021
Net transactions value
+$25,812
Form type
4
Filing time
08 Jul 2021, 16:23:22 UTC
Next filing
09 Aug 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXPI Common Stock Options Exercise $25,812 +6,250 +50% $4.13* 18,750 07 Jul 2021 Direct

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 Options (Right to buy) Options Exercise $0 -6,250 -8.3% $0.000000 68,750 07 Jul 2021 Common Stock 6,250 $4.13 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Stock Option shares vests quarterly over a four year period in 16 monthly installments, with the final vesting date on March 30, 2024.
F2 Stock amounts have been adjusted for the impact of the two-for-one stock split in the form of a stock dividend paid on February 12, 2021