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XPEL, Inc. — Director's Dealing 2024
Jun 20, 2024
32229_dirs_2024-06-20_53e215f1-13ed-4374-8fb0-c0f47ad87b83.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: XPEL, Inc. (XPEL)
CIK: 0001767258
Period of Report: 2024-06-19
Reporting Person: Pape Ryan (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-06-19 | Common Stock | M | 1990 | — | Acquired | 1123236 | Direct |
| 2024-06-19 | Common Stock | F | 485 | $36.75 | Disposed | 1122751 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-06-19 | Restricted Stock Units | $ | M | 1990 | Disposed | Common Stock (1990) | Direct |
Footnotes
F1: Each restricted stock unit ("RSU") represents a contingent right to receive one share of XPEL common stock.
F2: Mr. Pape delivered 485 previously owned and unencumbered shares of common stock for payment of the tax withholding, using the closing stock price on June 18, 2024 of $36.75, pursuant to the terms of the XPEL 2020 Equity Incentive Plan and the Restricted Stock Unit Agreement between Mr. Pape and the Company.
F3: The RSUs were granted on June 19, 2023 pursuant to the XPEL 2020 Equity Incentive Plan approved by the Board of Directors and stockholders and vest as follows: One-fourth vested on June 19, 2024 with the remaining shares vesting in equal annual installments, provided the reporting person remains in service to the Company.