Jose Valdes - Oct 31, 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
Oct 31, 2023
Transactions value $
$0
Form type
4
Date filed
11/2/2023, 08:17 PM
Previous filing
Aug 30, 2023
Next filing
May 1, 2024

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 Restricted Stock Units Award $0 +25 +80.65% $0.00 56 Oct 31, 2023 Common Stock 25 $0.00 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units issued under the eXp World Holdings, Inc. (the "Issuer") Real Estate Agent Growth Incentive Program. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock and vests three years after the date of grant.
F2 Represents a grant of restricted stock units under the Issuer's 2015 Equity Incentive Plan. Each restricted stock unit represents the contingent right to receive, upon vesting of the unit, one share of the Issuer's common stock. The restricted stock units are scheduled to vest 100% on September 30, 2026, as long as the reporting person continues to provide service to eXp through the respective vesting date.
F3 Restricted stock units do not expire; they either vest or are canceled prior to the vesting date.