Ujjwal Dhoot - 01 Apr 2022 Form 4 Insider Report for DESTINATION XL GROUP, INC. (DXLG)

Signature
Ujjwal Dhoot
Issuer symbol
DXLG
Transactions as of
01 Apr 2022
Net transactions value
-$24,829
Form type
4
Filing time
01 Apr 2022, 16:44:21 UTC
Previous filing
28 Mar 2022
Next filing
12 Apr 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DXLG Common Stock, $.01 par value Options Exercise +17,333 +32% 71,997 01 Apr 2022 Direct F1
transaction DXLG Common Stock, $0.01 par value Tax liability $24,829 -5,088 -7.1% $4.88 66,909 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 -10,158 -100% $0.000000* 0 01 Apr 2022 Common Stock 10,158 Direct F1, F3
transaction DXLG Restricted Stock Units Options Exercise $0 -7,175 -50% $0.000000 7,174 01 Apr 2022 Common Stock 7,175 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 October 24, 2018 under the 2018-2020 Long-Term Incentive Plan.
F4 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.