Allison Surette - 09 Apr 2022 Form 4 Insider Report for DESTINATION XL GROUP, INC. (DXLG)

Role
Chief Merchandising Officer
Signature
Allison Surette
Issuer symbol
DXLG
Transactions as of
09 Apr 2022
Net transactions value
$0
Form type
4
Filing time
12 Apr 2022, 16:30:07 UTC
Previous filing
01 Apr 2022
Next filing
01 Sep 2022
SEC
View on sec.gov

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 Award $0 +10,946 $0.000000 10,946 09 Apr 2022 Common Stock 10,946 $0.000000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Restricted Stock Units ("RSUs") represent the time-based portion of the 2022-2024 Long-Term Incentive Plan award to the Reporting Person. The RSUs vest and become exercisable in four equal installments on April 9, 2023, April 1, 2024, April 1, 2025 and April 1, 2026.
F2 Each RSU, as defined in the Company's 2016 Incentive Compensation Plan, represents a contingent right to receive one share of DXLG common stock.