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

Jul 3, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EXP World Holdings, Inc. (EXPI)
CIK: 0001495932
Period of Report: 2020-11-24

Reporting Person: SANFORD PENNY (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-11-24	Common Stock	X	120000.00	$1.76	Disposed	28825145.00	Direct
2020-12-22	Common Stock	G	12000.00	$0.00	Disposed	28813145.00	Direct
2020-12-30	Common Stock	X	35000.00	$1.76	Disposed	28778145.00	Direct
2021-01-25	Common Stock	X	115000.00	$1.76	Disposed	28663145.00	Direct
2021-02-18	Common Stock	X	80000.00	$0.88	Disposed	28583145.00	Direct
2021-03-12	Common Stock	X	80000.00	$0.88	Disposed	28503145.00	Direct
2021-06-04	Common Stock	X	44495.00	$0.88	Disposed	28458650.00	Direct
2021-06-04	Common Stock	X	44000.00	$0.88	Disposed	28414650.00	Direct
2021-06-30	Common Stock	S	25352.00	$34.586	Disposed	28389298.00	Direct
2021-06-30	Common Stock	S	14648.00	$35.2803	Disposed	28374650.00	Direct
2021-06-30	Common Stock	X	230000.00	$0.88	Disposed	28144650.00	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-11-24	Call Option (obligation to sell)	$1.76	X	120000.00	Disposed	2026-07-20	Common Stock (120000.00)	Direct
2020-12-30	Call Option (obligation to sell)	$1.76	X	35000.00	Disposed	2026-07-20	Common Stock (35000.00)	Direct
2021-01-25	Call Option (obligation to sell)	$1.76	X	115000.00	Disposed	2026-07-20	Common Stock (115000.00)	Direct
2021-02-18	Call Option (obligation to sell)	$0.88	X	80000.00	Disposed	2026-07-20	Common Stock (80000.00)	Direct
2021-03-12	Call Option (obligation to sell)	$0.88	X	80000.00	Disposed	2026-07-20	Common Stock (80000.00)	Direct
2021-03-31	Call Option (obligation to sell)	$0.88	X	144495.00	Disposed	2026-07-20	Common Stock (144495.00)	Direct
2021-06-04	Call Option (obligation to sell)	$0.88	X	44000.00	Disposed	2026-07-20	Common Stock (44000.00)	Direct
2021-06-04	Call Option (obligation to sell)	$0.88	X	44495.00	Disposed	2026-07-20	Common Stock (44495.00)	Direct
2021-06-30	Call Option (obligation to sell)	$0.88	X	230000.00	Disposed	2026-07-20	Common Stock (230000.00)	Direct

Footnotes

F1: The sale reported on this Form 4 was effected pursuant to a previously issued stock option whereby the Reporting Person granted the right to purchase shares of the Issuer's common stock held by the Reporting Person.

F2: Due to an administrative oversight, the filing was not immediately completed after the date of disposition.

F3: The sale reported in this Form 4 was effected pursuant to a preexisting Rule 10b5-1 trading plan adopted by the reporting person.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.06 to $35.05, 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 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 $35.06 to $35.85, inclusive. The reporting person undertakes to provide 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 to this Form 4.