# EDGAR Filing Document

**Accession Number:** 0001745895
**File Stem:** 0000929638-23-000667
**Filing Date:** 2023-2
**Character Count:** 12124
**Document Hash:** e6f27350a3951199bdb5ae3a383466e3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000929638-23-000667.hdr.sgml**: 20230217

**ACCESSION NUMBER**: 0000929638-23-000667

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230207

**FILED AS OF DATE**: 20230217

**DATE AS OF CHANGE**: 20230217

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** H&W INVESTCO LP
- **CENTRAL INDEX KEY:** 0001745895
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-40638
- **FILM NUMBER:** 23644840

**BUSINESS ADDRESS:**
- **STREET 1:** 113 BUFFALO BAY ROAD
- **CITY:** MADISON
- **STATE:** CT
- **ZIP:** 06443
- **BUSINESS PHONE:** 646-321-0134

**MAIL ADDRESS:**
- **STREET 1:** 113 BUFFALO BAY ROAD
- **CITY:** MADISON
- **STATE:** CT
- **ZIP:** 06443
**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Grabowski Mark
- **CENTRAL INDEX KEY:** 0001870551

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-40638
- **FILM NUMBER:** 23644842

**MAIL ADDRESS:**
- **STREET 1:** C/O XPONENTIAL FITNESS, INC.
- **STREET 2:** 17877 VON KARMAN AVE, SUITE 100
- **CITY:** IRVINE
- **STATE:** CA
- **ZIP:** 92614
**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** MGAG LLC
- **CENTRAL INDEX KEY:** 0001874145
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-40638
- **FILM NUMBER:** 23644839

**BUSINESS ADDRESS:**
- **STREET 1:** 113 BUFFALO BAY ROAD
- **CITY:** MADISON
- **STATE:** CT
- **ZIP:** 06443
- **BUSINESS PHONE:** (646) 321-0134

**MAIL ADDRESS:**
- **STREET 1:** 113 BUFFALO BAY ROAD
- **CITY:** MADISON
- **STATE:** CT
- **ZIP:** 06443
**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** H&W Investco II LP
- **CENTRAL INDEX KEY:** 0001874117
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-40638
- **FILM NUMBER:** 23644841

**BUSINESS ADDRESS:**
- **STREET 1:** 113 BUFFALO BAY ROAD
- **CITY:** MADISON
- **STATE:** CT
- **ZIP:** 06443
- **BUSINESS PHONE:** (646) 321-0134

**MAIL ADDRESS:**
- **STREET 1:** 113 BUFFALO BAY ROAD
- **CITY:** MADISON
- **STATE:** CT
- **ZIP:** 06443
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Xponential Fitness, Inc.
- **CENTRAL INDEX KEY:** 0001802156
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION [7990]
- **IRS NUMBER:** 844395129
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 17877 VON KARMAN AVE
- **STREET 2:** SUITE 100
- **CITY:** IRVINE
- **STATE:** CA
- **ZIP:** 92614
- **BUSINESS PHONE:** 6507522078

**MAIL ADDRESS:**
- **STREET 1:** 17877 VON KARMAN AVE
- **STREET 2:** SUITE 100
- **CITY:** IRVINE
- **STATE:** CA
- **ZIP:** 92614

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Grabowski Mark<br><sub>(Last) (First) (Middle)</sub><br>C/O XPONENTIAL FITNESS, INC.<br>17877 VON KARMAN AVE, SUITE 100<br><sub>(Street)</sub><br>IRVINE, CA 92614<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2023-02-07 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director [X] 10% Owner<br>[ ] Officer (give title below) [ ] Other (specify below)<br>_ _ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>Xponential Fitness, Inc. [ XPOF ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[ ] Form filed by One Reporting Person<br>[X] Form filed by More than One Reporting Person |

---

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>H&W Investco II LP<br><sub>(Last) (First) (Middle)</sub><br>113 BUFFALO BAY ROAD<br><sub>(Street)</sub><br>MADISON, CT 06443<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2023-02-07 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [X] 10% Owner<br>[ ] Officer (give title below) [ ] Other (specify below)<br>_ _ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>Xponential Fitness, Inc. [ XPOF ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[ ] Form filed by One Reporting Person<br>[X] Form filed by More than One Reporting Person |

---

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>H&W INVESTCO LP<br><sub>(Last) (First) (Middle)</sub><br>113 BUFFALO BAY ROAD<br><sub>(Street)</sub><br>MADISON, CT 06443<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2023-02-07 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [X] 10% Owner<br>[ ] Officer (give title below) [ ] Other (specify below)<br>_ _ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>Xponential Fitness, Inc. [ XPOF ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[ ] Form filed by One Reporting Person<br>[X] Form filed by More than One Reporting Person |

---

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>MGAG LLC<br><sub>(Last) (First) (Middle)</sub><br>113 BUFFALO BAY ROAD<br><sub>(Street)</sub><br>MADISON, CT 06443<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2023-02-07 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [X] 10% Owner<br>[ ] Officer (give title below) [ ] Other (specify below)<br>_ _ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>Xponential Fitness, Inc. [ XPOF ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[ ] Form filed by One Reporting Person<br>[X] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Class B Common Stock | 2023-02-07 |  | D |  | 2083600<sup>(1)</sup> | D | $0 | 7844419 | I | H&W Investco LP<sup>(2)</sup> |
| Class A Common Stock | 2023-02-07 |  | M |  | 2083600<sup>(1)</sup> | A | $0 | 2083600 | I | H&W Investco LP<sup>(2)</sup> |
| Class A Common Stock | 2023-02-10 |  | S |  | 2083600<sup>(3)</sup> | D | $24.5 | 0 | I | H&W Investco LP<sup>(2)</sup> |
| Class A Common Stock | 2023-02-10 |  | S |  | 1916400<sup>(3)</sup> | D | $24.5 | 7214938 | I | H&W Investco II LP<sup>(2)</sup> |
| Class A Common Stock |  |  |  |  |  |  |  | 10472 | D |  |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| LLC Units in Xponential Holdings LLC | <sup>(4)</sup> | 2023-02-07 |  | C<sup>(1)</sup> |  |  | 2083600 | <sup>(5)</sup> | <sup>(6)</sup> | Class A Common Stock | 2083600 | $0 | 7844419 | I | H&W Investco LP<sup>(2)</sup> |

---

### Footnotes:

(1) On February 7, 2023, H&W Investco LP redeemed 2,083,600 LLC Units, together with the cancellation of 2,083,600 shares of Class B Common Stock, for 2,083,600 shares of Class A Common Stock.

(2) MGAG LLC is the general partner of H&W Investco LP and H&W Investco II LP. Mr. Grabowski is the sole manager of MGAG LLC and, through a wholly owned disregarded entity, the controlling member of MGAG LLC.

(3) On February 10, 2023, the Reporting Persons completed an underwritten public offering pursuant to which the Reporting Persons sold an aggregate of 4,000,000 shares of Class A Common Stock at a public offering price of $24.50 per share, or a net per share price of $23.336 after deducting $1.164 per share of underwriting discounts and commissions. The total 4,000,000 shares consist of (i) 1,916,400 shares of Class A Common Stock held by H&W Investco II LP and (ii) 2,083,600 shares of Class A Common Stock held by H&W Investco LP following the redemption of LLC Units and cancellation of Class B Common Stock as described and reported herein.

(4) Each LLC Unit in Xponential Holdings LLC may be redeemed for, together with the cancellation of a share of Class B Common Stock, one share of Class A Common Stock or a cash payment equal to the volume weighted average market price of one share of Class A Common Stock for each LLC Unit redeemed.

(5) The LLC Units are fully vested.

(6) The LLC Units do not expire.

**Signature:** /s/ John Meloun, as Attorney-in-Fact, for Mark Grabowski  
**Date:** 2023-02-17

**Signature:** /s/ John Meloun, as Attorney-in-Fact, for H&W Investco LP  
**Date:** 2023-02-17

**Signature:** /s/ John Meloun, as Attorney-in-Fact, for H&W Investco II LP  
**Date:** 2023-02-17

**Signature:** /s/ John Meloun, as Attorney-in-Fact, for MGAG LLC  
**Date:** 2023-02-17

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**