Mathieu Moreau - Jun 19, 2023 Form 4 Insider Report for XPEL, Inc. (XPEL)

Role
Senior VP, Sales and Product
Signature
/s/ Babatunde Awodiran, XPEL General Counsel (Attorney-in-Fact)
Stock symbol
XPEL
Transactions as of
Jun 19, 2023
Transactions value $
$0
Form type
4
Date filed
6/20/2023, 06:12 PM
Previous filing
Sep 9, 2022
Next filing
Jul 17, 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 +2.23K +37.93% $0.00 8.11K Jun 19, 2023 Common Stock 2.23K 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 June 19, 2023, the Reporting Person was granted 2,229 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.