Randall D. Miles - Jul 31, 2021 Form 4 Insider Report for EXP World Holdings, Inc. (EXPI)

Role
Director
Signature
/s/ James Bramble, attorney-in-fact for Randall D. Miles
Stock symbol
EXPI
Transactions as of
Jul 31, 2021
Transactions value $
-$673,678
Form type
4
Date filed
8/6/2021, 05:10 PM
Previous filing
Jul 15, 2021
Next filing
Aug 19, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXPI Common Stock Options Exercise $13.2K +15K +2.14% $0.88* 715K Aug 4, 2021 Direct
transaction EXPI Common Stock Sale -$12.4K -300 -0.04% $41.22 715K Aug 4, 2021 Direct F1, F2
transaction EXPI Common Stock Sale -$83.1K -1.9K -0.27% $43.72 713K Aug 4, 2021 Direct F1, F3
transaction EXPI Common Stock Sale -$113K -2.52K -0.35% $44.68 710K Aug 4, 2021 Direct F1, F4
transaction EXPI Common Stock Sale -$113K -2.47K -0.35% $45.81 708K Aug 4, 2021 Direct F1, F5
transaction EXPI Common Stock Sale -$269K -5.78K -0.82% $46.60 702K Aug 4, 2021 Direct F1, F6
transaction EXPI Common Stock Sale -$96.4K -2.03K -0.29% $47.46 700K Aug 4, 2021 Direct F1, F7

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) Award $0 +4.22K $0.00 4.22K Jul 31, 2021 Common Stock 4.22K $35.92 Direct F8
transaction EXPI Stock Option (Right to Buy) Options Exercise $0 -15K -9.3% $0.00 146K Aug 4, 2021 Common Stock 15K $0.88 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale reported in this Form 4 was effected pursuant to a preexisting Rule 10b5-1 trading plan adopted by the reporting person.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.68 to $41.49, 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 (2) to this Form 4.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.10 to $44.00, 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 (3) to this Form 4.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $44.12 to $45.10, 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 (4) to this Form 4.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.20 to $46.19, 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 (5) to this Form 4.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $46.21 to $47.17, 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 (6) to this Form 4.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.21 to $47.85, 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 (7) to this Form 4.
F8 The Stock Option shares vested ratably over a three-year period in 36 monthly installments, with the final vesting date on July 31, 2024, subject to acceleration if the Issuer is acquired.
F9 The Stock Option shares vested ratably over a three year period in 36 monthly installments, with the final vesting date on July 20, 2019.