Jeff Whiteside - Aug 9, 2023 Form 4 Insider Report for EXP World Holdings, Inc. (EXPI)

Role
CFO and CCO
Signature
/s/ James Bramble, attorney-in-fact for Jeff Whiteside
Stock symbol
EXPI
Transactions as of
Aug 9, 2023
Transactions value $
-$6,142,440
Form type
4
Date filed
8/10/2023, 12:25 PM
Previous filing
May 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXPI Common Stock Options Exercise $1.98M +340K +226666.67% $5.83 340K Aug 9, 2023 Direct
transaction EXPI Common Stock Sale -$8.12M -340K -99.96% $23.90 150 Aug 9, 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 Option (Right to Buy) Options Exercise $0 -340K -100% $0.00* 0 Aug 9, 2023 Common Stock 340K $5.83 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 $23.52 to $24.39, 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 Stock Option shares vested ratably over a four-year period in quarterly installments, with the final vesting date on November 1, 2022.