Babatunde Awodiran - 19 Jun 2023 Form 4 Insider Report for XPEL, Inc. (XPEL)

Signature
/s/ Babatunde Awodiran
Issuer symbol
XPEL
Transactions as of
19 Jun 2023
Net transactions value
$0
Form type
4
Filing time
20 Jun 2023, 18:10:34 UTC
Previous filing
03 May 2023
Next filing
01 Mar 2024

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 +1,592 $0.000000 1,592 19 Jun 2023 Common Stock 1,592 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 1,592 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.