| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | XPEL | Common Stock | Sale | -$730K | -10K | -2.03% | $72.99 | 484K | May 1, 2023 | See Footnote | F1, F2, F3, F4 |
| transaction | XPEL | Common Stock | Sale | -$366K | -5.2K | -1.07% | $70.39 | 479K | May 2, 2023 | See Footnote | F1, F3, F4, F5 |
| holding | XPEL | Common Stock | 1.08M | May 1, 2023 | See Footnote | F4, F6 | |||||
| holding | XPEL | Common Stock | 15.5K | May 1, 2023 | See Footnotes | F4, F7 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
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).
| Id | Content |
|---|---|
| F1 | The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on August 26, 2022 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 $72.67 to $73.22, 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 $70.00 to $70.63, 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. |