Form 4 for XPEL XPEL, Inc.
Accepted 2023-06-02 00:00:00 ET · period of report 2023-05-24 · accession 0001783794-23-000074 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-06-02 | 2023-06-01 | XPEL | Crumly Richard K. | Dir | M - OptEx | — | +498 | 498 | New | — |
| DI | 2023-06-02 | 2023-06-01 | XPEL | Crumly Richard K. | Dir | S - Sale+OE | $70.04 | -10.0K | 398.7K | -2% | -$700.4K |
| D | 2023-06-02 | 2023-05-24 | XPEL | Crumly Richard K. | Dir | A - Grant | — | +1,120 | 1,618 | +225% | — |
| D | 2023-06-02 | 2023-06-01 | XPEL | Crumly Richard K. | Dir | M - OptEx | — | -498 | 1,120 | -31% | — |
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 | 2023-06-01 | M | A | 498 | — | 498 | D See Footnotes | — | — | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of XPEL common stock. (F4) Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that Mr. Crumly is or was, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of any equity securities in excess of his pecuniary interests. (F5) Represents securities held by CARPE, LLC, of which Mr. Crumly is a control person. |
| 2 | Common | Common Stock | 2023-06-01 | S | D | 10,000 | $70.04 | 398,668 | I | — | — | (F3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $70.01 to $70.12, 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 (3) to this Form 4. |
| 3 | Derivative | Restricted Stock Units | 2023-05-24 | A | A | 1,120 | — | 1,618 | D | $0.00 · — to — | 1,120 Common Stock | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of XPEL common stock. (F8) On May 24, 2023, the Reporting Person was granted 1,120 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. |
| 4 | Derivative | Restricted Stock Units | 2023-06-01 | M | D | 498 | — | 1,120 | D | $0.00 · — to — | 498 Common Stock | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of XPEL common stock. (F9) On March 3, 2023, the Reporting Person was granted 498 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. |