Richard K. Crumly - Jan 30, 2023 Form 4 Insider Report for XPEL, Inc. (XPEL)

Role
Director
Signature
/s/ Richard K. Crumly
Stock symbol
XPEL
Transactions as of
Jan 30, 2023
Transactions value $
-$1,519,900
Form type
4
Date filed
2/1/2023, 04:26 PM
Previous filing
Jan 30, 2023
Next filing
Feb 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XPEL Common Stock Sale -$755K -10K -1.43% $75.45 688K Jan 30, 2023 See Footnote F1, F2, F3, F4
transaction XPEL Common Stock Sale -$765K -10K -1.45% $76.54 678K Jan 31, 2023 See Footnote F1, F3, F4, F5
holding XPEL Common Stock 1.08M Jan 30, 2023 See Footnote F4, F6
holding XPEL Common Stock 15.5K Jan 30, 2023 See Footnotes F4, 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 $75.14 to $75.86, 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 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $76.15 to $76.96, 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 (5) to this Form 4.
F6 Represents securities held by ADAMAS, LLC, of which Mr. Crumly is a control person.
F7 Represents securities held by Mr. Crumly's spouse. Mr. Crumly disclaims beneficial ownership of such securities.