Filing Details
- Accession Number:
- 0001683168-19-000668
- Form Type:
- 4/A
- Zero Holdings:
- No
- Publication Time:
- 2019-03-14 17:41:38
- Reporting Period:
- 2017-04-17
- Accepted Time:
- 2019-03-14 17:41:38
- Original Submission Date:
- 2019-02-14
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1495932 | Exp World Holdings Inc. | EXPI | Real Estate Agents & Managers (For Others) (6531) | 980681092 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1750469 | Scott Petronis | 2219 Rimland Drive, Suite 301 Bellingham WA 98226 | See Remarks ** | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2017-07-17 | 3,125 | $0.00 | 3,125 | No | 4 | A | Direct | |
| Common Stock | Acquisiton | 2017-10-17 | 3,125 | $0.00 | 6,500 | No | 4 | A | Direct | |
| Common Stock | Acquisiton | 2018-01-17 | 3,125 | $0.00 | 9,625 | No | 4 | A | Direct | |
| Common Stock | Acquisiton | 2018-04-17 | 3,125 | $0.00 | 12,500 | No | 4 | A | Direct | |
| Common Stock | Acquisiton | 2018-07-17 | 3,125 | $0.00 | 15,625 | No | 4 | A | Direct | |
| Common Stock | Acquisiton | 2018-10-17 | 3,125 | $0.00 | 18,750 | No | 4 | A | Direct | |
| Common Stock | Disposition | 2018-12-20 | 15,625 | $7.74 | 3,125 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2019-01-17 | 3,125 | $0.00 | 6,250 | No | 4 | A | Direct | |
| Common Stock | Acquisiton | 2019-02-12 | 5,000 | $3.55 | 11,250 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2019-02-12 | 5,000 | $10.73 | 6,250 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | A | Direct | |
| No | 4 | A | Direct | |
| No | 4 | A | Direct | |
| No | 4 | A | Direct | |
| No | 4 | A | Direct | |
| No | 4 | A | Direct | |
| No | 4 | S | Direct | |
| No | 4 | A | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option (Right to Buy) | Acquisiton | 2017-04-17 | 230,000 | $0.00 | 230,000 | $3.55 |
| Common Stock | Stock Option (Right to Buy) | Acquisiton | 2018-12-20 | 5,000 | $0.00 | 5,000 | $3.55 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 230,000 | 2027-04-17 | No | 4 | A | Direct | |
| 225,000 | 2027-04-17 | No | 4 | M | Direct |
Footnotes
- This amendment is being filed to correct errors in a Form 4 of the reporting person filed on February 14, 2019 (the "Prior Form 4") as described in this and other footnotes to this Form 4. This amendment amends and restates the Prior Form 4 in its entirety. This line item reflects shares granted under an employment agreement by and between the reporting person and a subsidiary of EXP World Holdings, Inc. (the "Issuer") pursuant to which the Issuer shall issue 50,000 shares of common stock to the reporting person in 16 equal quarterly installments beginning July 17, 2017.
- This line item reflects a December 20, 2018 sale by the reporting person of 15,625 shares of Common Stock that was inadvertently omitted from the Prior Form 4.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.70 to $7.89, 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 (3) to this Form 4.
- This line item reflects a February 12, 2019 exercise of Stock Options by the reporting person that was incorrectly reported in the Prior Form 4.
- The sale reported in this line item 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 $10.56 to $10.88, 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 (6) to this Form 4.
- The Stock Options shares vest ratably over a four year period in 16 quarterly installments, with the final vesting date on April 17, 2021.
Billionaire Hedge Funds
