X0306 4 2018-08-31 false 0001495932 EXP World Holdings, Inc. EXPI 0001588005 Gesing Jason 2219 RIMLAND DRIVE, SUITE 301 BELLINGHAM WA 98226 true true true false CEO of eXp Realty Common Stock 2020-11-30 4 M false 350.00 0.00 A 2240372.00 D Common Stock 2021-03-22 4 M false 25000.00 0.08 A 2265372.00 D Common Stock 2021-04-30 4 M false 200.00 0.00 A 2265572.00 D Common Stock 2021-07-31 4 M false 150.00 0.00 A 2265722.00 D Common Stock 2021-07-31 4 M false 150.00 0.00 A 2265872.00 D Common Stock 2021-08-20 4 S false 11500.00 40.2139 D 2254372.00 D Restricted Stock Units 0.00 2018-08-31 4 A false 150.00 0.00 A Common Stock 150.00 150.00 D Restricted Stock Units 0.00 2018-10-31 4 A false 150.00 0.00 A Common Stock 150.00 300.00 D Restricted Stock Units 0.00 2020-03-31 4 A false 96.00 0.00 A Common Stock 96.00 396.00 D Restricted Stock Units 0.00 2020-11-30 4 M false 350.00 0.00 D Common Stock 350.00 0.00 D Stock Options (Right to buy) 0.08 2021-03-22 4 M false 25000.00 0.00 D 2022-12-31 Common Stock 25000.00 350000.00 D Restricted Stock Units 0.00 2021-04-30 4 M false 200.00 0.00 D Common Stock 200.00 0.00 D Restricted Stock Units 0.00 2021-07-31 4 M false 150.00 0.00 D Common Stock 150.00 0.00 D Restricted Stock Units 0.00 2021-07-31 4 M false 150.00 0.00 D Common Stock 150.00 0.00 D Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person. Each RSU represents a contingent right to receive 1 share of the Issuer's Common Stock upon settlement for no consideration. The RSUs vested as to 100% of the total number of shares on November 30, 2020. Shares of the Issuer's common stock were delivered to the Reporting Person. The options are fully vested. The RSUs vested as to 100% of the total number of shares on April 30, 2021. Shares of the Issuer's common stock were delivered to the Reporting Person. The RSUs vested as to 100% of the total number of shares on July 31, 2021. Shares of the Issuer's common stock were delivered to the Reporting Person. The shares of Common Stock reported in this Form 4 as issued to the Reporting Person were not reported timely due to administrative oversight. As a result, such shares were inadvertently omitted from Table I, Column 5 share totals disclosed on Forms 4 previously filed on behalf of the Reporting Person. The sale reported in this Form 4 was effected pursuant to a preexisting Rule 10b5-1 trading plan adopted by the reporting person. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.00 to 40.65, 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 (4) to this Form 4. 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. 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 August 31, 2021, as long as the reporting person continues to provide service to eXp through the respective vesting date. RSUs do not expire; they either vest or are canceled prior to the vesting date. 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, 2021, as long as the reporting person continues to provide service to eXp through the respective vesting date. 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, 2023, as long as the reporting person continues to provide service to eXp through the respective vesting date. The 10% owner designation is due to Mr. Gesing's membership in that certain 13D voting group reported on March 8, 2021. /s/ James Bramble, attorney-in-fact for Jason Gesing 2021-08-24