0001628280-23-024989.txt : 20230717 0001628280-23-024989.hdr.sgml : 20230717 20230717162830 ACCESSION NUMBER: 0001628280-23-024989 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230715 FILED AS OF DATE: 20230717 DATE AS OF CHANGE: 20230717 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Pape Ryan CENTRAL INDEX KEY: 0001783948 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38858 FILM NUMBER: 231091929 MAIL ADDRESS: STREET 1: 618 W SUNSET ROAD CITY: SAN ANTONIO STATE: TX ZIP: 78216 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: XPEL, Inc. CENTRAL INDEX KEY: 0001767258 STANDARD INDUSTRIAL CLASSIFICATION: COATING, ENGRAVING & ALLIED SERVICES [3470] IRS NUMBER: 201117381 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 711 BROADWAY ST. STREET 2: SUITE 320 CITY: SAN ANTONIO STATE: TX ZIP: 78215 BUSINESS PHONE: 210-678-3700 MAIL ADDRESS: STREET 1: 711 BROADWAY ST. STREET 2: SUITE 320 CITY: SAN ANTONIO STATE: TX ZIP: 78215 4 1 wk-form4_1689625700.xml FORM 4 X0508 4 2023-07-15 0 0001767258 XPEL, Inc. XPEL 0001783948 Pape Ryan 711 BROADWAY STREET SUITE 320 SAN ANTONIO TX 78215 1 1 0 0 President and CEO 0 Common Stock 2023-07-15 4 M 0 1039 A 1145428 D Common Stock 2023-07-15 4 F 0 252 82.94 D 1145176 D Restricted Stock Units 2023-07-15 4 M 0 1039 0 D Common Stock 1039 2079 D Each restricted stock unit ("RSU") represents a contingent right to receive one share of XPEL common stock. The Company withheld 252 shares of common stock underlying the RSUs for payment of the tax withholdings, using the closing stock price on July 14, 2023 of $82.94, pursuant to the terms of the XPEL 2020 Equity Incentive Plan. On July 15, 2021, the Reporting Person was granted 4,157 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. /s/ Babatunde Awodiran, XPEL General Counsel (Attorney-in-Fact) 2023-07-17