Glenn Darrel Sanford - Sep 21, 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
Sep 21, 2022
Transactions value $
-$1,403,035
Form type
4
Date filed
9/22/2022, 07:12 PM
Previous filing
Aug 23, 2022
Next filing
Jun 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXPI Common Stock Options Exercise $2.94K +42K +0.1% $0.07* 42.1M Sep 21, 2022 Direct
transaction EXPI Common Stock Sale -$484K -42K -0.1% $11.52 42M Sep 21, 2022 Direct F1
transaction EXPI Common Stock Options Exercise $5.86K +83.7K +0.2% $0.07* 42.1M Sep 22, 2022 Direct
transaction EXPI Common Stock Sale -$928K -83.7K -0.2% $11.09 42M Sep 22, 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 -42K -33.43% $0.00 83.7K Sep 21, 2022 Common Stock 42K $0.07 Direct F3
transaction EXPI Stock Options (Right to buy) Options Exercise $0 -83.7K -100% $0.00* 0 Sep 22, 2022 Common Stock 83.7K $0.07 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.50 to $11.595, 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.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.00 to $11.17, 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.
F3 The option grant is fully vested.