Jason Gesing - 12 May 2022 Form 4 Insider Report for EXP World Holdings, Inc. (EXPI)

Signature
/s/ James Bramble, attorney-in-fact for Jason Gesing
Issuer symbol
EXPI
Transactions as of
12 May 2022
Net transactions value
+$12,000
Form type
4
Filing time
12 May 2022, 16:33:25 UTC
Previous filing
02 May 2022
Next filing
03 Apr 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXPI Common Stock Options Exercise $12,000 +150,000 +6.8% $0.0800* 2,345,312 12 May 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 -150,000 -100% $0.000000* 0 12 May 2022 Common Stock 150,000 $0.0800 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.