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

Nov 18, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EXP World Holdings, Inc. (EXPI)
CIK: 0001495932
Period of Report: 2021-11-16

Reporting Person: Cheng Jian (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-11-16	Common Stock	M	6250.00	$4.13	Acquired	22500.00	Direct
2021-11-16	Common Stock	S	6250.00	$44.2822	Disposed	16250.00	Direct
2021-11-16	Common Stock	S	14186.00	$43.8617	Disposed	2064.00	Direct
2021-11-16	Common Stock	S	2064.00	$44.582	Disposed	0.00	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-11-16	Stock Options (Right to buy)	$4.13	M	6250.00	Disposed	2030-03-29	Common Stock (6250.00)	Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.96 to $44.68, 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.51 to $44.33, 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.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $44.52 to $44.67, 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.

F4: The Stock Option shares vests quarterly over a four year period in 16 monthly installments, with the final vesting date on March 30, 2024.