Mathieu Moreau - Sep 7, 2022 Form 4 Insider Report for XPEL, Inc. (XPEL)

Signature
/s/ Mathieu Moreau
Stock symbol
XPEL
Transactions as of
Sep 7, 2022
Transactions value $
$0
Form type
4
Date filed
9/9/2022, 04:57 PM
Previous filing
Aug 16, 2022
Next filing
Jun 20, 2023

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 +3.65K +163.85% $0.00 5.88K Sep 7, 2022 Common Stock 3.65K 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 3,649 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.