Harvey S. Kanter - 01 Apr 2022 Form 4 Insider Report for DESTINATION XL GROUP, INC. (DXLG)

Role: President and CEO, Director
Signature: Harvey S. Kanter
Issuer symbol: DXLG
Transactions as of: 01 Apr 2022
Net transactions value: -$202,915
Form type: 4
Filing time: 01 Apr 2022, 16:43:38 UTC
Previous filing: 28 Mar 2022
Next filing: 12 Apr 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		+105,668	+42%		355,668	01 Apr 2022	Direct	F1
transaction	DXLG	Common Stock, $0.01 par value	Tax liability	$202,915	-41,581	-12%	$4.88	314,087	01 Apr 2022	Direct	F2

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	Restricted Stock Units	Options Exercise	$0	-45,668	-50%	$0.000000	45,669	01 Apr 2022	Common Stock	45,668		Direct	F1, F3
transaction	DXLG	Restricted Stock Units	Options Exercise	$0	-60,000	-50%	$0.000000	60,000	01 Apr 2022	Common Stock	60,000		Direct	F1, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted stock units ("RSU") convert into common stock on a one-for-one basis.
F2	Represents shares withheld from shares otherwise issuable upon vesting of RSUs for payment of taxes.
F3	Represents RSUs for time-based compensation granted to the Reporting Person on August 7, 2019 under the 2019-2021 Long-Term Incentive Plan. The remaining RSUs vest on April 1, 2023.
F4	Represents RSUs for time-based compensation granted to the Reporting Person on February 19, 2019 under the terms of the Employment Agreement dated February 19, 2019. The remaining RSUs vest on April 1, 2023.