Francis C. Chane - Nov 12, 2021 Form 4 Insider Report for DESTINATION XL GROUP, INC. (DXLG)

Signature
Francis C. Chane
Stock symbol
DXLG
Transactions as of
Nov 12, 2021
Transactions value $
-$347,819
Form type
4
Date filed
11/16/2021, 06:41 AM
Previous filing
Nov 3, 2021
Next filing
Mar 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DXLG Common Stock, $0.01 par value Options Exercise -$96K -19.1K -8.78% $5.04 198K Nov 12, 2021 Direct
transaction DXLG Common Stock, $0.01 par value Sale -$195K -24.4K -12.3% $8.01 174K Nov 12, 2021 Direct F1, F2
transaction DXLG Common Stock, $0.01 par value Sale -$56.7K -6.67K -3.84% $8.50 167K Nov 15, 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DXLG Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -19.1K -49% $0.00 19.8K Nov 12, 2021 Common Stock 19.1K $5.04 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported on 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. The shares were sold in multiple transactions at prices ranging from $8.00 to $8.07, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, of the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in Footnote (3) to this Form 4.
F3 Represents a grant of non-qualified stock options to the Reporting Person on May 28, 2013 under the 2013-2016 Long-Term Incentive Plan. The shares subject to time-based vesting became fully vested January 28, 2017.