Sec Form 4 Filing - Onnen Stacey @ EXP World Holdings, Inc. - 2018-08-31

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Onnen Stacey
2. Issuer Name and Ticker or Trading Symbol
EXP World Holdings, Inc. [ EXPI]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
President, U.S. Brokerage Ops
(Last) (First) (Middle)
C/O EXP WORLD HOLDINGS, INC., 2219 RIMLAND DRIVE, SUITE 301
3. Date of Earliest Transaction (MM/DD/YY)
08/31/2018
(Street)
BELLINGHAM, WA98226
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 01/31/2021 P( 1 ) 1 ( 2 ) A $ 47.96 31 ( 3 ) D
Common Stock 03/31/2021 P( 1 ) 4 ( 2 ) A $ 41 35 D
Common Stock 04/30/2021 P( 1 ) 1 ( 2 ) A $ 30.92 36 D
Common Stock 08/31/2021 M( 4 ) 150 A $ 0 186 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units $ 0 ( 5 ) 08/31/2018 M( 4 )( 6 ) 150 ( 7 ) ( 8 ) Common Stock 150 $ 0 0 D
Restricted Stock Units $ 0 ( 5 ) 09/30/2018 A( 6 ) 150 ( 9 ) ( 8 ) Common Stock 150 $ 0 150 D
Restricted Stock Units $ 0 ( 5 ) 01/31/2019 A( 6 ) 74 ( 10 ) ( 8 ) Common Stock 74 $ 0 224 D
Restricted Stock Units $ 0 ( 5 ) 03/31/2021 A( 11 ) 5 ( 12 ) ( 8 ) Common Stock 5 $ 0 229 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Onnen Stacey
C/O EXP WORLD HOLDINGS, INC.
2219 RIMLAND DRIVE, SUITE 301
BELLINGHAM, WA98226
President, U.S. Brokerage Ops
Signatures
/s/ James Bramble, attorney-in-fact for Stacey Onnen 09/02/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )These shares were acquired under the Issuer's 2015 Agent Equity Program.
( 10 )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 January 31, 2022, as long as the reporting person continues to provide service to eXp through the respective vesting date.
( 11 )The RSU grant reported in this Form 4 as awarded to the Reporting Person was not reported timely due to administrative oversight. As a result, such shares were inadvertently omitted from Table II disclosed on the Forms 4 previously filed on behalf of the Reporting Person.
( 12 )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, 2024, as long as the reporting person continues to provide service to eXp through the respective vesting date.
( 2 )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.
( 3 )Stock amounts have been adjusted for the impact of the two-for-one stock split in the form of a stock dividend paid on February 12, 2021
( 4 )Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person.
( 5 )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.
( 6 )The RSU grant reported in this Form 4 as awarded to the Reporting Person was not reported timely due to administrative oversight. As a result, such shares were inadvertently omitted from Table II disclosed on the Form 3 previously filed on behalf of the Reporting Person.
( 7 )The RSUs vested as to 100% of the total number of shares on August 31, 2021.
( 8 )RSUs do not expire; they either vest or are canceled prior to the vesting date.
( 9 )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 September 30, 2021, as long as the reporting person continues to provide service to eXp through the respective vesting date.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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