Richard K. Crumly - 14 Sep 2024 Form 4 Insider Report for XPEL, Inc. (XPEL)

Role
Director
Signature
/s/ Richard K. Crumly
Issuer symbol
XPEL
Transactions as of
14 Sep 2024
Net transactions value
$0
Form type
4
Filing time
17 Sep 2024, 16:02:41 UTC
Previous filing
17 Jun 2024
Next filing
16 Dec 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XPEL Common Stock Options Exercise +530 +33% 2,148 14 Sep 2024 Direct F1
holding XPEL Common Stock 316,912 14 Sep 2024 See Footnotes F2, F3
holding XPEL Common Stock 1,076,743 14 Sep 2024 See Footnotes F3, F4
holding XPEL Common Stock 15,500 14 Sep 2024 See Footnotes F3, F5

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 -530 -25% $0.000000 1,590 14 Sep 2024 Common Stock 530 Direct F1, F6
* 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 Represents securities held by CARPE, LLC, of which Mr. Crumly is a control person.
F3 Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that Mr. Crumly is or was, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of any equity securities in excess of his pecuniary interests.
F4 Represents securities held by ADAMAS, LLC, of which Mr. Crumly is a control person.
F5 Represents securities held by Mr. Crumly's spouse. Mr. Crumly disclaims beneficial ownership of such securities.
F6 On June 14, 2024, the Reporting Person was granted 2,120 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, these RSUs will vest in quarterly installments over a one year period with a final vesting date of June 14, 2025.