0001783794-23-000074.txt : 20230602 0001783794-23-000074.hdr.sgml : 20230602 20230602173242 ACCESSION NUMBER: 0001783794-23-000074 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230524 FILED AS OF DATE: 20230602 DATE AS OF CHANGE: 20230602 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Crumly Richard K. CENTRAL INDEX KEY: 0001783794 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38858 FILM NUMBER: 23990354 MAIL ADDRESS: STREET 1: P.O. BOX 460633 CITY: SAN ANTONIO STATE: TX ZIP: 78246-0633 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_1685741550.xml FORM 4 X0407 4 2023-05-24 0 0001767258 XPEL, Inc. XPEL 0001783794 Crumly Richard K. PO BOX 460633 SAN ANTONIO TX 78246-0633 1 0 0 0 1 Common Stock 2023-06-01 4 M 0 498 A 498 D Common Stock 2023-06-01 4 S 0 10000 70.04 D 398668 I See Footnotes Common Stock 1076743 I See Footnotes Common Stock 15500 I See Footnote Restricted Stock Units 0 2023-05-24 4 A 0 1120 A Common Stock 1120 1618 D Restricted Stock Units 0 2023-06-01 4 M 0 498 D Common Stock 498 1120 D Each restricted stock unit ("RSU") represents a contingent right to receive one share of XPEL common stock. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on August 26, 2022 by the Reporting Person. 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. 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. Represents securities held by CARPE, LLC, of which Mr. Crumly is a control person. Represents securities held by ADAMAS, LLC, of which Mr. Crumly is a control person. Represents securities held by Mr. Crumly's spouse. Mr. Crumly disclaims beneficial ownership of such securities. 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. 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. /s/ Richard K. Crumly 2023-06-02