Form 4 EXP World Holdings, Inc. For: Aug 19 Filed by: Sanford Glenn Darrel

August 19, 2022 7:16 PM EDT

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Washington, D.C. 20549


Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB Number: 3235-0287
Expires: December 31, 2014
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person *
Sanford Glenn Darrel

(Last) (First) (Middle)


(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
EXP World Holdings, Inc. [ EXPI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
X Officer (give title below) Other (specify below)
CEO and Chairman of the Board
3. Date of Earliest Transaction (Month/Day/Year)
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 08/19/2022   M   9,000 A $ 0.07 42,043,338 D  
Common Stock 08/19/2022   S (1)   9,000 D $ 15.5477 (2) 42,034,338 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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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 (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (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: 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
Stock Options (Right to buy) $ 0.07 08/19/2022   M     9,000   (3) 09/30/2022 Common Stock 9,000 $ 0 129,540 D  
Explanation of Responses:
1. The sale reported in this Form 4 was effected pursuant to a preexisting Rule 10b5-1 trading plan adopted by the reporting person.
2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.29 to $15.88, 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.
3. The option grant is fully vested.
/s/ James Bramble, attorney-in-fact for Glenn Darrel Sanford 08/19/2022
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
The undersigned hereby constitutes and appoints James Bramble, of eXp
World Holdings Inc. (the
?Company?), signing singly, as the undersigned?s true and lawful
attorney-in-fact to:
(1) execute for and on behalf of the undersigned, in the
undersigned?s capacity as an officer of the
Company, Forms 3, 4 and 5 in accordance with Section 16(a) of the
Securities Exchange Act of 1934 and the rules
thereunder (the ?Exchange Act?), as well as the Form ID to obtain
and/or renew EDGAR codes for use in connection
with the filing of Forms 3, 4 and 5 and any other related
(2) do and perform any and all acts for and on behalf of the
undersigned which may be necessary
or desirable to complete and execute any such Forms 3, 4 or 5, Form
ID or other related documentation, complete and
execute any amendment or amendments thereto, and timely file such
forms or documentation with the United States
Securities and Exchange Commission and any stock exchange or similar
(3) take any other action of any type whatsoever in connection with
the foregoing which, in the
opinion of such attorney-in-fact, may be of benefit to, in the best
interest of, or legally required by, the undersigned, it
being understood that the documents executed by such attorney-in-fact
on behalf of the undersigned pursuant to this
Power of Attorney shall be in such form and shall contain such terms
and conditions as such attorney-in-fact may
approve in such attorney-in-fact?s discretion; and
(4) in connection with the preparation and filing of Forms 3, 4 and
5, seek or obtain, as the
undersigned?s attorney-in-fact and on the undersigned?s behalf,
information regarding transactions in the Company?s
securities from any third party, including brokers, employee benefit
plan administrators and trustees, and the
undersigned hereby authorizes any such person to release any such
information to such attorney-in-fact and approves
and ratifies any such release of information.
The undersigned hereby grants to each such attorney-in-fact full
power and authority to do and perform
any and every act and thing whatsoever requisite, necessary, or
proper to be done in connection with the exercise of
any of the rights and powers herein granted, as fully to all intents
and purposes as the undersigned might or could do
if personally present, with full power of substitution or revocation,
hereby ratifying and confirming all that such
attorney-in-fact, or such attorney-in-fact?s substitute or
substitutes, shall lawfully do or cause to be done by virtue of
this Power of Attorney and the rights and powers herein granted. The
undersigned acknowledges that the foregoing
attorneys-in-fact, in serving in such capacity at the request of the
undersigned, are not assuming, nor is the Company
assuming, any of the undersigned?s responsibilities to comply with
Section 16 of the Exchange Act.
This Power of Attorney shall remain in full force and effect until
the undersigned is no longer required to
file Forms 3, 4, and 5 with respect to the undersigned?s holdings of
and transactions in securities issued by the
Company, unless earlier revoked by the undersigned in a signed
writing delivered to the foregoing attorneys-in-fact.
This Power of Attorney does not relieve the undersigned from
responsibility for compliance with the
undersigned?s obligations under the Exchange Act, including, without
limitation, the reporting requirements under
Section 16 of the Exchange Act. Additionally, although pursuant to
this Power of Attorney the Company will use
commercially reasonable best efforts to timely and accurately file
Section 16 reports on behalf of the undersigned, the
Company does not represent or warrant that it will be able to in all
cases timely and accurately file Section 16 reports
on behalf of the undersigned due to various factors, including, but
not limited to, the shorter deadlines mandated by
the Sarbanes-Oxley Act of 2002, possible time zone differences
between the Company and the undersigned and the
Company?s need to rely on other parties for information, including
the undersigned and brokers of the undersigned.
IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney
to be executed as of this
30th day of August 2019.
/s/ Glenn Darrel Sanford
Glenn Darrel Sanford

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