Mike Klonne - Feb 24, 2024 Form 4 Insider Report for XPEL, Inc. (XPEL)

Role
Director
Signature
/s/ Babatunde Awodiran, XPEL General Counsel (Attorney-in-Fact)
Stock symbol
XPEL
Transactions as of
Feb 24, 2024
Transactions value $
$0
Form type
4
Date filed
2/26/2024, 04:02 PM
Previous filing
Nov 28, 2023
Next filing
May 24, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XPEL Common Stock Options Exercise +280 +26.47% 1.34K Feb 24, 2024 Direct F1
holding XPEL Common Stock 53.4K Feb 24, 2024 by: Michael A. Klonne Living Trust

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 -280 -50% $0.00 280 Feb 24, 2024 Common Stock 280 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 The RSUs were granted on May 24, 2023 pursuant to the XPEL 2020 Equity Incentive Plan approved by the Board of Directors and stockholders and vest as follows: One-fourth vested on August 24, 2023 with the remaining shares vesting in quarterly installments over a period of one year from the grant date, provided the reporting person remains in service to the Company.