Form 4 for XPEL XPEL, Inc.
Accepted 2023-06-01 00:00:00 ET · period of report 2023-05-24 · accession 0001404341-23-000015 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-06-01 | 2023-05-30+ | XPEL | Adams Mark | Dir | S - Sale+OE | $69.10 | -23.2K | 2.15M | -1% | -$1.61M |
| D | 2023-06-01 | 2023-06-01 | XPEL | Adams Mark | Dir | M - OptEx | $66.95 | +498 | 2.15M | +0.0% | +$33.3K |
| D | 2023-06-01 | 2023-05-24 | XPEL | Adams Mark | Dir | A - Grant | $71.43 | +1,120 | 1,618 | +225% | +$80.0K |
| D | 2023-06-01 | 2023-06-01 | XPEL | Adams Mark | Dir | M - OptEx | $66.95 | -498 | 1,120 | -31% | -$33.3K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-05-30 | S | D | 26 | $70.30 | 2,175,945 | D | — | — | |
| 2 | Common | Common Stock | 2023-06-01 | M | A | 498 | $66.95 | 2,153,241 | D | — | — | (F2) Each restricted stock unit ("RSU") represents a contingent right to receive one share of XPEL common stock. |
| 3 | Common | Common Stock | 2023-05-31 | S | D | 23,202 | $69.10 | 2,152,743 | D | — | — | (F1) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $61.10 to $61.13, inclusive. The Reporting Person undertakes to provide to XPEL, Inc., any security holder of XPEL, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4. |
| 4 | Derivative | Restricted Stock Units | 2023-05-24 | A | A | 1,120 | $71.43 | 1,618 | D | — · — to — | 1,120 Common Stock | (F2) Each restricted stock unit ("RSU") represents a contingent right to receive one share of XPEL common stock. (F5) On May 24, 2023, the Reporting Person was granted 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, these RSUs will vest in quarterly installments over a one year period with a final vesting date of May 24, 2024. |
| 5 | Derivative | Restricted Stock Units | 2023-06-01 | M | D | 498 | $66.95 | 1,120 | D | — · — to — | 498 Common Stock | (F2) Each restricted stock unit ("RSU") represents a contingent right to receive one share of XPEL common stock. (F6) On March 3, 2023, the Reporting Person was granted RSUs pursuant to the XPEL 2020 Equity Incentive Plan which was approved by the Board of Directors and stockholders. These RSUs vested on June 1, 2023. |