Jose Valdes - May 10, 2022 Form 4/A - Amendment Insider Report for EXP World Holdings, Inc. (EXPI)

Role
President, eXp Global
Signature
/s/ James Bramble, attorney-in-fact for Jose Valdes
Stock symbol
EXPI
Transactions as of
May 10, 2022
Transactions value $
-$142,626
Form type
4/A - Amendment
Date filed
5/17/2022, 04:38 PM
Date Of Original Report
May 12, 2022
Previous filing
Mar 2, 2022
Next filing
May 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXPI Common Stock Options Exercise $71K +16.3K +48.85% $4.37* 49.5K May 10, 2022 Direct F1
transaction EXPI Common Stock Sale -$214K -16.3K -32.82% $13.15 33.3K May 10, 2022 Direct F2

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 -16.3K -10.98% $0.00 132K May 10, 2022 Common Stock 16.3K $4.37 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Due to an administrative oversight, the Form 4 filed on behalf of Mr. Valdes on May 12, 2022 incorrectly reported the number of options exercised.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.02 to $13.31, 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 Stock Option shares vests quarterly over a four-year period in 16 monthly installments, with the final vesting date on May 4, 2024.