Jason Gesing - Dec 10, 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
Stock symbol
EXPI
Transactions as of
Dec 10, 2021
Transactions value $
-$1,428,270
Form type
4
Date filed
12/14/2021, 03:29 PM
Previous filing
Dec 1, 2021
Next filing
Dec 30, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXPI Common Stock Sale -$918K -26K -1.18% $35.28 2.17M Dec 10, 2021 Direct F1, F2
transaction EXPI Common Stock Sale -$453K -12.4K -0.57% $36.59 2.16M Dec 10, 2021 Direct F1, F3
transaction EXPI Common Stock Sale -$59.4K -1.6K -0.07% $37.04 2.16M Dec 10, 2021 Direct F1, F4
transaction EXPI Common Stock Options Exercise $2K +25K +1.16% $0.08* 2.19M Dec 13, 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 +25K +11.11% $0.00 250K Dec 13, 2021 Common Stock 25K $0.08 Direct F5
* 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 $34.92 to $35.88, 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 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.98 to $36.93, 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.03 to $37.05, 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.
F5 The option grant is 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.