Jian Cheng - 16 Nov 2021 Form 4 Insider Report for EXP World Holdings, Inc. (EXPI)

Role
Chief Accounting Officer
Signature
/s/ James Bramble, attorney-in-fact for Jian Cheng
Issuer symbol
EXPI
Transactions as of
16 Nov 2021
Net transactions value
-$965,191
Form type
4
Filing time
18 Nov 2021, 16:05:16 UTC
Previous filing
09 Aug 2021
Next filing
07 Apr 2022
SEC
View on sec.gov

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 +38% $4.13* 22,500 16 Nov 2021 Direct
transaction EXPI Common Stock Sale $276,764 -6,250 -28% $44.28 16,250 16 Nov 2021 Direct F1
transaction EXPI Common Stock Sale $622,222 -14,186 -87% $43.86 2,064 16 Nov 2021 Direct F2
transaction EXPI Common Stock Sale $92,017 -2,064 -100% $44.58 0 16 Nov 2021 Direct F3

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 -9.1% $0.000000 62,500 16 Nov 2021 Common Stock 6,250 $4.13 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.96 to $44.68, 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.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.51 to $44.33, 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.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $44.52 to $44.67, 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.
F4 The Stock Option shares vests quarterly over a four year period in 16 monthly installments, with the final vesting date on March 30, 2024.