Glenn Darrel Sanford - 03 May 2022 Form 4 Insider Report for EXP World Holdings, Inc. (EXPI)

Role: CEO and Chairman of the Board, Director, 10%+ Owner
Signature: /s/ James Bramble, attorney-in-fact for Glenn Darrel Sanford
Issuer symbol: EXPI
Transactions as of: 03 May 2022
Net transactions value: -$953,473
Form type: 4
Filing time: 05 May 2022, 16:39:44 UTC
Previous filing: 28 Apr 2022
Next filing: 09 May 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	$1,111	+15,866	+0.04%	$0.0700^*	42,050,204	03 May 2022	Direct
transaction	EXPI	Common Stock	Sale	$238,250	-15,866	-0.04%	$15.02	42,034,338	03 May 2022	Direct	F1, F2
transaction	EXPI	Common Stock	Options Exercise	$3,257	+46,525	+0.11%	$0.0700^*	42,080,863	04 May 2022	Direct
transaction	EXPI	Common Stock	Sale	$706,643	-45,725	-0.11%	$15.45	42,035,138	04 May 2022	Direct	F1, F3
transaction	EXPI	Common Stock	Sale	$12,947	-800	-0%	$16.18	42,034,338	04 May 2022	Direct	F1, F4

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	-15,866	-1.8%	$0.000000	842,065	03 May 2022	Common Stock	15,866	$0.0700	Direct	F5
transaction	EXPI	Stock Options (Right to buy)	Options Exercise	$0	-46,525	-5.5%	$0.000000	795,540	04 May 2022	Common Stock	46,525	$0.0700	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 $15.00 to $15.07, 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 $15.00 to $15.98, 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 $16.08 to $16.36, 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.