Courtney Keating Chakarun - 31 Mar 2023 Form 4 Insider Report for EXP World Holdings, Inc. (EXPI)

Signature
/s/ James Bramble, attorney-in-fact for Courtney Chakarun
Issuer symbol
EXPI
Transactions as of
31 Mar 2023
Net transactions value
-$399,048
Form type
4
Filing time
03 Apr 2023, 16:06:18 UTC
Previous filing
29 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXPI Common Stock Options Exercise $359,400 +60,000 $5.99 60,000 31 Mar 2023 Direct
transaction EXPI Common Stock Sale $758,448 -60,000 -100% $12.64 0 31 Mar 2023 Direct F1

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 -60,000 -41% $0.000000 87,500 31 Mar 2023 Common Stock 60,000 $5.99 Direct F2
* 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 $12.575 to $12.73, 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 This Stock Option vests in 16 equal quarterly installments beginning on June 15, 2020.