A man pointing into the ear wearing a striped shirt in a small boat filled with many people.
A man is pointing into the ear and wearing a light striped shirt.
the shirt can have light stripes on it.
'A man is pointing into the ear and wearing a light striped shirt' is a rephrasing of 'A man pointing into the ear wearing a striped shirt'.
The man is pointing and wearing a striped shirt regardless of his location.