Ryan Pape - Jun 19, 2024 Form 4 Insider Report for XPEL, Inc. (XPEL)

Role
President and CEO, Director
Signature
/s/ Babatunde Awodiran, XPEL General Counsel (Attorney-in-Fact)
Stock symbol
XPEL
Transactions as of
Jun 19, 2024
Transactions value $
-$17,824
Form type
4
Date filed
6/20/2024, 04:25 PM
Previous filing
Mar 1, 2024
Next filing
Jul 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XPEL Common Stock Options Exercise +1.99K +0.18% 1.12M Jun 19, 2024 Direct F1
transaction XPEL Common Stock Tax liability -$17.8K -485 -0.04% $36.75 1.12M Jun 19, 2024 Direct F2

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 -1.99K -9.03% $0.00 20K Jun 19, 2024 Common Stock 1.99K Direct F1, F3
* 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 Mr. Pape delivered 485 previously owned and unencumbered shares of common stock for payment of the tax withholding, using the closing stock price on June 18, 2024 of $36.75, pursuant to the terms of the XPEL 2020 Equity Incentive Plan and the Restricted Stock Unit Agreement between Mr. Pape and the Company.
F3 The RSUs were granted on June 19, 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 June 19, 2024 with the remaining shares vesting in equal annual installments, provided the reporting person remains in service to the Company.