Allison Surette - Apr 1, 2022 Form 4 Insider Report for DESTINATION XL GROUP, INC. (DXLG)

Role
Chief Merchandising Officer
Signature
Allison Surette
Stock symbol
DXLG
Transactions as of
Apr 1, 2022
Transactions value $
-$22,677
Form type
4
Date filed
4/1/2022, 04:45 PM
Previous filing
Mar 28, 2022
Next filing
Apr 12, 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 +15.8K +21.72% 88.7K Apr 1, 2022 Direct F1
transaction DXLG Common Stock, $0.01 par value Tax liability -$22.7K -4.65K -5.24% $4.88 84.1K Apr 1, 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 -8.54K -100% $0.00* 0 Apr 1, 2022 Common Stock 8.54K Direct F1, F3
transaction DXLG Restricted Stock Units Options Exercise $0 -7.29K -50% $0.00 7.29K Apr 1, 2022 Common Stock 7.29K 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.