Babatunde Awodiran - Jun 19, 2024 Form 4 Insider Report for XPEL, Inc. (XPEL)

Signature
/s/ Babatunde Awodiran
Stock symbol
XPEL
Transactions as of
Jun 19, 2024
Transactions value $
-$3,565
Form type
4
Date filed
6/20/2024, 04:26 PM
Previous 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 +398 398 Jun 19, 2024 Direct F1
transaction XPEL Common Stock Tax liability -$3.56K -97 -24.37% $36.75 301 Jun 19, 2024 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 -398 -25% $0.00 1.19K Jun 19, 2024 Common Stock 398 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 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.