# EDGAR Filing Document

**Accession Number:** 0001802156
**File Stem:** 0000929638-23-000668
**Filing Date:** 2023-2
**Character Count:** 12097
**Document Hash:** 36e84cae5b41e77b718845d7758287ab
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000929638-23-000668.hdr.sgml**: 20230217

**ACCESSION NUMBER**: 0000929638-23-000668

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230217

**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:** 23644844

**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:** 23644846

**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:** 23644843

**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:** 23644845

**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>2023-02-17 | **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>2023-02-17 | **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>2023-02-17 | **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>2023-02-17 | **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 A Common Stock | 2023-02-17 |  | S |  | 359325<sup>(1)</sup> | D | $24.5 | 6855613 | I | H&W Investco II LP<sup>(2)</sup> |
| Class B Common Stock | 2023-02-17 |  | D |  | 390675<sup>(3)</sup> | D | $0 | 7453744 | I | H&W Investco LP<sup>(2)</sup> |
| Class A Common Stock | 2023-02-17 |  | M |  | 390675<sup>(3)</sup> | A | $0 | 390675 | I | H&W Investco LP<sup>(2)</sup> |
| Class A Common Stock | 2023-02-17 |  | S |  | 390675<sup>(1)</sup> | D | $24.5 | 0 | I | H&W Investco 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> | 2023-02-17 |  | C<sup>(3)</sup> |  |  | 390675 | <sup>(5)</sup> | <sup>(6)</sup> | Class A Common Stock | 390675 | $0 | 7453744 | I | H&W Investco LP<sup>(2)</sup> |

---

### Footnotes:

(1) On February 17, 2023, the underwriters exercised the option to purchase an additional 750,000 shares of Class A Common Stock from the Reporting Persons in the previously reported public offering at a 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 750,000 shares consist of (i) 359,325 shares of Class A Common Stock held by H&W Investco II LP and (ii) 390,675 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.

(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 17, 2023, H&W Investco LP redeemed 390,675 LLC Units, together with the cancellation of 390,675 shares of Class B Common Stock, for 390,675 shares of Class A Common Stock.

(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.**