Eugene Frederick - 12 Jul 2021 Form 4 Insider Report for EXP World Holdings, Inc. (EXPI)

Role
Director, 10%+ Owner
Signature
/s/ James Bramble, attorney-in-fact for Eugene Frederick
Issuer symbol
EXPI
Transactions as of
12 Jul 2021
Net transactions value
$0
Form type
4
Filing time
14 Jul 2021, 19:14:04 UTC
Previous filing
02 Jul 2021
Next filing
03 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXPI Common Stock Award $0 +500,000 +11% $0.000000 5,234,427 12 Jul 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the fourth vested installment of an award of 2,000,000 shares (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) of restricted stock that vested in four equal annual installments beginning July 12, 2018 subject to the satisfaction of certain performance-based conditions.

Remarks:

The 10% owner designation is due to Mr. Frederick's membership in that certain 13D voting group reported on March 8, 2021.