John F. Cooney - 03 Jan 2022 Form 4 Insider Report for DESTINATION XL GROUP, INC. (DXLG)

Role: CAO, VP-Managing Director
Signature: John F. Cooney
Issuer symbol: DXLG
Transactions as of: 03 Jan 2022
Net transactions value: -$85,760
Form type: 4
Filing time: 03 Jan 2022, 15:05:54 UTC
Previous filing: 26 Oct 2021
Next filing: 28 Mar 2022
SEC: View on sec.gov

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	$4,240	+8,000	+11%	$0.5300^*	79,358	03 Jan 2022	Direct
transaction	DXLG	Common Stock, $0.01 par value	Sale	$90,000	-15,000	-19%	$6.00	64,358	03 Jan 2022	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	Employee Stock Option (Right to Buy)	Options Exercise	$0	-8,000	-9.2%	$0.000000	79,430	03 Jan 2022	Common Stock	8,000	$0.5300	Direct	F2

* 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 non-qualified stock options represent the time-based portion of the 2020-2022 Long-Term Incentive Plan award to the Reporting Person. The option vests in four equal installments. 23,858 options became exercisable on June 11, 2021. 23,858 options will become exercisable on April 1, 2022, and 23,857 options will become exercisable on each of April 1, 2023 and April 1, 2024.