Richard K. Crumly - Jun 30, 2021 Form 4 Insider Report for XPEL, Inc. (XPEL)

Role: Director, 10%+ Owner
Signature: /s/ Richard K. Crumly
Stock symbol: XPEL
Transactions as of: Jun 30, 2021
Transactions value $: -$4,058,160
Form type: 4
Date filed: 7/2/2021, 05:05 PM
Previous filing: Jun 30, 2021
Next filing: Jul 7, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	XPEL	Common Stock	Sale	-$805K	-9.6K	-0.53%	$83.81	1.8M	Jun 30, 2021	See Footnotes	F1, F2, F3, F4
transaction	XPEL	Common Stock	Sale	-$805K	-9.6K	-0.47%	$83.81	2.05M	Jun 30, 2021	See Footnote	F1, F2, F4, F5
transaction	XPEL	Common Stock	Sale	-$402K	-4.8K	-3.8%	$83.81	122K	Jun 30, 2021	See Footnote	F1, F2, F4, F6
transaction	XPEL	Common Stock	Sale	-$819K	-9.6K	-0.53%	$85.28	1.79M	Jul 1, 2021	See Footnotes	F1, F3, F4, F7
transaction	XPEL	Common Stock	Sale	-$819K	-9.6K	-0.47%	$85.28	2.04M	Jul 1, 2021	See Footnote	F1, F4, F5, F7
transaction	XPEL	Common Stock	Sale	-$409K	-4.8K	-3.95%	$85.28	117K	Jul 1, 2021	See Footnote	F1, F4, F6, F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F2	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $83.60 to $86.96, 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 (2) to this Form 4.
F3	Represents securities held by CARPE, LLC, of which Mr. Crumly is a control person.
F4	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.
F5	Represents securities held by ADAMAS, LLC, of which Mr. Crumly is a control person.
F6	Represents securities held by Mr. Crumly's spouse. Mr. Crumly disclaims beneficial ownership of such securities.
F7	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $83.01 to $86.62, 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 (7) to this Form 4.