Barry Wood - Sep 7, 2023 Form 4 Insider Report for XPEL, Inc. (XPEL)

Signature
/s/ Babatunde Awodiran, XPEL General Counsel (Attorney-in-Fact)
Stock symbol
XPEL
Transactions as of
Sep 7, 2023
Transactions value $
-$20,352
Form type
4
Date filed
9/8/2023, 04:04 PM
Previous filing
Aug 25, 2023
Next filing
Mar 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XPEL Common Stock Options Exercise +1.09K +4.38% 26.1K Sep 7, 2023 Direct F1
transaction XPEL Common Stock Tax liability -$20.4K -266 -1.02% $76.51 25.8K Sep 7, 2023 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction XPEL Restricted Stock Units Options Exercise $0 -1.09K -16.56% $0.00 5.51K Sep 7, 2023 Common Stock 1.09K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of XPEL common stock.
F2 On September 7, 2022, the Reporting Person was granted 4,379 RSUs pursuant to the XPEL 2020 Equity Incentive Plan which was approved by the Board of Directors and stockholders. Provided the reporting person remains in continuous service, RSUs vest annually in four equal annual installments beginning on the first anniversary of the grant.