eXp World Holdings, Inc. — Director's Dealing 2021

Dec 1, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EXP World Holdings, Inc. (EXPI)
CIK: 0001495932
Period of Report: 2021-04-30

Reporting Person: Valdes Jose Enrique (N/A)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-04-30	Restricted Stock Units	$0.00	A	9.00	Acquired		Common Stock (9.00)	Direct
2021-11-30	Restricted Stock Units	$0.00	A	4.00	Acquired		Common Stock (4.00)	Direct

Footnotes

F1: Represents Restricted Stock Units issued under the Issuer's Real Estate Agent Growth Incentive Program. Each Restricted Stock Units represents a contingent right to receive one share of the Issuer's Common Stock and vests three years after the date of grant.

F2: The RSU grant reported in this Form 4 as awarded to the Reporting Person was not reported timely due to administrative oversight. As a result, such shares were inadvertently omitted from Table II disclosed on the Form 4 previously filed on behalf of the Reporting Person reporting.

F3: Represents a grant of restricted stock units under the eXp World Holdings, Inc. 2015 Equity Incentive Plan. Each restricted stock unit represents the contingent right to receive, upon vesting of the unit, one share of EXPI common stock. The restricted stock units are scheduled to vest 100% on March 31, 2024, as long as the reporting person continues to provide service to eXp through the respective vesting date.

F4: RSUs do not expire; they either vest or are canceled prior to the vesting date.

F5: Represents a grant of restricted stock units under the eXp World Holdings, Inc. 2015 Equity Incentive Plan. Each restricted stock unit represents the contingent right to receive, upon vesting of the unit, one share of EXPI common stock. The restricted stock units are scheduled to vest 100% on October 31, 2024, as long as the reporting person continues to provide service to eXp through the respective vesting date.