Peter H. Stratton Jr. - 01 Apr 2022 Form 4 Insider Report for DESTINATION XL GROUP, INC. (DXLG)

Role: EVP, CFO, Treasurer
Signature: Peter H. Stratton, Jr.
Issuer symbol: DXLG
Transactions as of: 01 Apr 2022
Net transactions value: -$31,427
Form type: 4
Filing time: 01 Apr 2022, 16:45:27 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		+21,941	+13%		185,411	01 Apr 2022	Direct	F1
transaction	DXLG	Common Stock, $0.01 par value	Tax liability	$31,427	-6,440	-3.5%	$4.88	178,971	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	-11,836	-100%	$0.000000^*	0	01 Apr 2022	Common Stock	11,836		Direct	F1, F3
transaction	DXLG	Restricted Stock Units	Options Exercise	$0	-10,105	-50%	$0.000000	10,106	01 Apr 2022	Common Stock	10,105		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.