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

Signature
/s/ Babatunde Awodiran
Stock symbol
XPEL
Transactions as of
Jun 19, 2023
Transactions value $
$0
Form type
4
Date filed
6/20/2023, 06:10 PM
Previous filing
May 3, 2023
Next filing
Mar 1, 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 +1.59K $0.00 1.59K Jun 19, 2023 Common Stock 1.59K 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.