James Bramble - Dec 7, 2021 Form 4 Insider Report for EXP World Holdings, Inc. (EXPI)

Role
Chief Legal Counsel
Signature
/s/ James Bramble
Stock symbol
EXPI
Transactions as of
Dec 7, 2021
Transactions value $
-$368,719
Form type
4
Date filed
12/9/2021, 05:30 PM
Next filing
Jan 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXPI Common Stock Options Exercise $53.2K +10K $5.32* 10K Dec 7, 2021 Direct
transaction EXPI Common Stock Sale -$369K -10K -100% $36.87 0 Dec 7, 2021 Direct F1, F2

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 -$53.2K -10K -6.25% $5.32* 150K Dec 7, 2021 Common Stock 10K $5.32 Direct F3, 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 $36.61 to $37.045, 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.
F3 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
F4 This Stock Option vests in 16 equal quarterly installments beginning on March 18, 2019.