Jian Cheng - 06 Apr 2022 Form 4 Insider Report for EXP World Holdings, Inc. (EXPI)

Signature
/s/ James Bramble, attorney-in-fact for Jian Cheng
Issuer symbol
EXPI
Transactions as of
06 Apr 2022
Net transactions value
+$48,494
Form type
4
Filing time
07 Apr 2022, 16:03:30 UTC
Previous filing
18 Nov 2021
Next filing
22 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXPI Common Stock Options Exercise $48,494 +11,742 $4.13* 11,742 06 Apr 2022 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 -11,742 -19% $0.000000 50,758 06 Apr 2022 Common Stock 6,250 $4.13 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Stock Option shares vests quarterly over a four year period in 16 monthly installments, with the final vesting date on March 30, 2024.