Jose Valdes - Aug 16, 2023 Form 4 Insider Report for EXP World Holdings, Inc. (EXPI)

Role
Chief Growth Officer
Signature
/s/ James Bramble, attorney-in-fact for Jose Valdes
Stock symbol
EXPI
Transactions as of
Aug 16, 2023
Transactions value $
-$993,996
Form type
4
Date filed
8/17/2023, 03:52 PM
Previous filing
May 22, 2023
Next filing
Aug 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXPI Common Stock Options Exercise $100K +22.9K +40.82% $4.37* 79.1K Aug 16, 2023 Direct
transaction EXPI Common Stock Sale -$1.09M -49.4K -62.5% $22.14 29.7K Aug 16, 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 -22.9K -21.07% $0.00 85.9K Aug 16, 2023 Common Stock 22.9K $4.37 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 $22.00 to $22.53, 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 vests quarterly over a four-year period in 16 monthly installments, with the final vesting date on May 4, 2024.