Glenn Darrel Sanford - May 3, 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
Stock symbol
EXPI
Transactions as of
May 3, 2022
Transactions value $
-$953,473
Form type
4
Date filed
5/5/2022, 04:39 PM
Previous filing
Apr 28, 2022
Next filing
May 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXPI Common Stock Options Exercise $1.11K +15.9K +0.04% $0.07* 42.1M May 3, 2022 Direct
transaction EXPI Common Stock Sale -$238K -15.9K -0.04% $15.02 42M May 3, 2022 Direct F1, F2
transaction EXPI Common Stock Options Exercise $3.26K +46.5K +0.11% $0.07* 42.1M May 4, 2022 Direct
transaction EXPI Common Stock Sale -$707K -45.7K -0.11% $15.45 42M May 4, 2022 Direct F1, F3
transaction EXPI Common Stock Sale -$12.9K -800 0% $16.18 42M May 4, 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 -15.9K -1.85% $0.00 842K May 3, 2022 Common Stock 15.9K $0.07 Direct F5
transaction EXPI Stock Options (Right to buy) Options Exercise $0 -46.5K -5.53% $0.00 796K May 4, 2022 Common Stock 46.5K $0.07 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.