Ryan Pape - 07 Sep 2022 Form 4 Insider Report for XPEL, Inc. (XPEL)

Role
President and CEO, Director
Signature
/s/ Ryan Pape
Issuer symbol
XPEL
Transactions as of
07 Sep 2022
Net transactions value
$0
Form type
4
Filing time
09 Sep 2022, 16:52:05 UTC
Previous filing
24 Aug 2022
Next filing
21 Sep 2022
SEC
View on sec.gov

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 Award $0 +10,947 +351% $0.000000 14,065 07 Sep 2022 Common Stock 10,947 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 10,947 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 installments beginning on the first anniversary of the grant.