Jason Gesing - 20 Sep 2021 Form 4 Insider Report for EXP World Holdings, Inc. (EXPI)

Role
CEO of eXp Realty, Director, 10%+ Owner
Signature
/s/ James Bramble, attorney-in-fact for Jason Gesing
Issuer symbol
EXPI
Transactions as of
20 Sep 2021
Net transactions value
-$499,994
Form type
4
Filing time
22 Sep 2021, 18:56:50 UTC
Previous filing
13 Sep 2021
Next filing
13 Oct 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 Sale $317,368 -7,300 -0.33% $43.48 2,232,222 20 Sep 2021 Direct F1, F2
transaction EXPI Common Stock Sale $184,627 -4,200 -0.19% $43.96 2,228,022 20 Sep 2021 Direct F1, F3
transaction EXPI Common Stock Options Exercise $2,000 +25,000 +1.1% $0.0800* 2,253,022 21 Sep 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 -25,000 -7.1% $0.000000 325,000 21 Sep 2021 Common Stock 25,000 $0.0800 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale reported in this Form 4 was effected pursuant to a preexisting Rule 10b5-1 trading plan adopted by the reporting person.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.88 to $43.87, 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 (2) to this Form 4.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.92 to $44.05 inclusive. The reporting person undertakes to provide to 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 (3) to this Form 4.
F4 The options are fully vested.

Remarks:

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