eXp World Holdings, Inc. — Director's Dealing 2023

Sep 29, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EXP World Holdings, Inc. (EXPI)
CIK: 0001495932
Period of Report: 2023-09-28

Reporting Person: Sanford Glenn Darrel (N/A)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-09-28	Restricted Stock Units	$0.00	A	170000.00	Acquired	2033-09-28	Common Stock (170000.00)	Direct
2023-09-28	Stock Options (Right to buy)	$17.98	A	18348.00	Acquired	2028-09-28	Common Stock (18348.00)	Direct
2023-09-28	Stock Options (Right to buy)	$16.35	A	316652.00	Acquired	2033-09-28	Common Stock (316652.00)	Direct

Footnotes

F1: 170,000 restricted stock units which shall vest in equal quarterly installments over a one-year period beginning on the grant date, subject to Mr. Sanford's continuous service.

F2: 167,500 options will vest in equal quarterly installments over a three-year period beginning on the grant date, subject to Mr. Sanford's continuous service. 55,833 will vest on September 28, 2024, and 111,667 will vest in equal quarterly installments over a two-year period beginning on September 28, 2024, all of which are conditional upon eXp World Holdings, Inc.'s stock price appreciation exceeding the market cap weighted average appreciation of designated industry peers between the grant date and September 28, 2024, and subject to Mr. Sanford's continuous service.