eXp World Holdings, Inc. — Director's Dealing 2019

Mar 14, 2019

SEC Form 4/A — Form 4/A

Issuer: EXP World Holdings, Inc. (EXPI)
CIK: 0001495932
Period of Report: 2017-04-17

Reporting Person: Petronis Scott (See Remarks **)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-07-17	Common Stock	A	3125	—	Acquired	3125	Direct
2017-10-17	Common Stock	A	3125	—	Acquired	6500	Direct
2018-01-17	Common Stock	A	3125	—	Acquired	9625	Direct
2018-04-17	Common Stock	A	3125	—	Acquired	12500	Direct
2018-07-17	Common Stock	A	3125	—	Acquired	15625	Direct
2018-10-17	Common Stock	A	3125	—	Acquired	18750	Direct
2018-12-20	Common Stock	S	15625	$7.74	Disposed	3125	Direct
2019-01-17	Common Stock	A	3125	—	Acquired	6250	Direct
2019-02-12	Common Stock	M	5000	$3.55	Acquired	11250	Direct
2019-02-12	Common Stock	S	5000	$10.73	Disposed	6250	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-04-17	Stock Option (Right to Buy)	$3.55	A	230000	Acquired	2027-04-17	Common Stock (230000)	Direct
2018-12-20	Stock Option (Right to Buy)	$3.55	M	5000	Acquired	2027-04-17	Common Stock (5000)	Direct

Footnotes

F1: This amendment is being filed to correct errors in a Form 4 of the reporting person filed on February 14, 2019 (the "Prior Form 4") as described in this and other footnotes to this Form 4. This amendment amends and restates the Prior Form 4 in its entirety. This line item reflects shares granted under an employment agreement by and between the reporting person and a subsidiary of EXP World Holdings, Inc. (the "Issuer") pursuant to which the Issuer shall issue 50,000 shares of common stock to the reporting person in 16 equal quarterly installments beginning July 17, 2017.

F2: This line item reflects a December 20, 2018 sale by the reporting person of 15,625 shares of Common Stock that was inadvertently omitted from the Prior 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 $7.70 to $7.89, 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: This line item reflects a February 12, 2019 exercise of Stock Options by the reporting person that was incorrectly reported in the Prior Form 4.

F5: The sale reported in this line item was effected pursuant to a preexisting Rule 10b5-1 trading plan adopted by the reporting person.

F6: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.56 to $10.88, 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 Stock Options shares vest ratably over a four year period in 16 quarterly installments, with the final vesting date on April 17, 2021.