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Crumly Richard K. – ‘4’ for 2/24/24 re: XPEL, Inc.

On:  Monday, 2/26/24, at 4:05pm ET   ·   For:  2/24/24   ·   As:  Director   ·   Accession #:  1628280-24-6849   ·   File #:  1-38858

Previous ‘4’:  ‘4’ on 11/28/23 for 11/24/23   ·   Latest ‘4’:  This Filing

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/26/24  Crumly Richard K.                 4          Director    1:8K   XPEL, Inc.                        Workiva Inc Wde… FA01/FA

Statement of Changes in Beneficial Ownership of Securities by an Insider   —   Form 4   —   SEA’34

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 4           Statement of Changes in Beneficial Ownership of     HTML      9K 
                Securities by an Insider --                                      
                wk-form4_1708981515.xml/5.8


        

This ‘4’ Document is an XML Data File that may be rendered in various formats:

  Form 4    –   Plain Text   –  SEC Website  –  EDGAR System  –    XML Data    –  <?xml?> File
 
 
SEC Info℠ rendering:  Statement of Changes in Beneficial Ownership of Securities by an Insider — wk-form4_1708981515.xml/5.8
 

The SEC has not released XSLT Stylesheets needed to render this File’s XML Data as a Form.

This is our “Plain Text” rendering:
 
                                                                                                                                                                                
Ownership Document
 
Schema Version:  X0508
Document Type:  4
Period of Report:  2/24/24
Not Subject to Section 16:  0
Issuer:
Issuer CIK:  1767258
Issuer Name:  XPEL, Inc.
Issuer Trading Symbol:  XPEL
Reporting Owner:
Reporting Owner ID:
Owner CIK:  1783794
Owner Name:  Crumly Richard K.
Reporting Owner Address:
Owner Street 1:  PO BOX 460633
Owner Street 2:
Owner City:  SAN ANTONIO
Owner State:  TX
Owner ZIP Code:  78246-0633
Owner State Description:
Reporting Owner Relationship:
Is Director?  Yes
Is Officer?  No
Is Ten Percent Owner?  No
Is Other?  No
Aff 10b5 One:  0
Non-Derivative Table:
Non-Derivative Transaction:
Security Title:
Value:  Common Stock
Transaction Date:
Value:  2/24/24
Transaction Coding:
Transaction Form Type:  4
Transaction Code:  M
Equity Swap Involved?  No
Transaction Amounts:
Transaction Shares:
Value:  280
Transaction Price Per Share:
Footnote ID:  F1
Transaction Acquired-Disposed Code:
Value:  A
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  1,338
Ownership Nature:
Direct or Indirect Ownership:
Value:  D
Non-Derivative Holding:
Security Title:
Value:  Common Stock
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  316,912
Ownership Nature:
Direct or Indirect Ownership:
Value:  I
Nature of Ownership:
Value:  See Footnotes
Footnote ID:  F2
Footnote ID:  F3
Non-Derivative Holding:
Security Title:
Value:  Common Stock
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  1,076,743
Ownership Nature:
Direct or Indirect Ownership:
Value:  I
Nature of Ownership:
Value:  See Footnotes
Footnote ID:  F3
Footnote ID:  F4
Non-Derivative Holding:
Security Title:
Value:  Common Stock
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  15,500
Ownership Nature:
Direct or Indirect Ownership:
Value:  I
Nature of Ownership:
Value:  See Footnotes
Footnote ID:  F3
Footnote ID:  F5
Derivative Table:
Derivative Transaction:
Security Title:
Value:  Restricted Stock Units
Conversion or Exercise Price:
Footnote ID:  F1
Transaction Date:
Value:  2/24/24
Transaction Coding:
Transaction Form Type:  4
Transaction Code:  M
Equity Swap Involved?  No
Transaction Amounts:
Transaction Shares:
Value:  280
Transaction Price Per Share:
Value:  0
Transaction Acquired-Disposed Code:
Value:  D
Exercise Date:
Footnote ID:  F6
Expiration Date:
Footnote ID:  F6
Underlying Security:
Underlying Security Title:
Value:  Common Stock
Underlying Security Shares:
Value:  280
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  280
Ownership Nature:
Direct or Indirect Ownership:
Value:  D
Footnotes:
Footnote - F1:  Each restricted stock unit ("RSU") represents a contingent right to receive one share of XPEL common stock.
Footnote - F2:  Represents securities held by CARPE, LLC, of which Mr. Crumly is a control person.
Footnote - F3:  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.
Footnote - F4:  Represents securities held by ADAMAS, LLC, of which Mr. Crumly is a control person.
Footnote - F5:  Represents securities held by Mr. Crumly's spouse. Mr. Crumly disclaims beneficial ownership of such securities.
Footnote - F6:  The RSUs were granted on May 24, 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 August 24, 2023 with the remaining shares vesting in quarterly installments over a period of one year from the grant date, provided the reporting person remains in service to the Company.
Remarks:
Owner Signature:
Signature Name:  /s/ Richard K. Crumly
Signature Date:  2/26/24


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