James Reath - 26 Sep 2022 Form 4 Insider Report for DESTINATION XL GROUP, INC. (DXLG)

Role
Chief Marketing Officer
Signature
James Reath
Issuer symbol
DXLG
Transactions as of
26 Sep 2022
Net transactions value
$0
Form type
4
Filing time
28 Sep 2022, 16:54:38 UTC
Next filing
07 Oct 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 Non-Qualified Stock Option (Right to Buy) Award $0 +2,267 $0.000000 2,267 26 Sep 2022 Common Stock 2,267 $5.30 Direct F1
transaction DXLG Non-Qualified Stock Option (Right to Buy) Award $0 +4,372 $0.000000 4,372 26 Sep 2022 Common Stock 4,372 $5.30 Direct F2
transaction DXLG Restricted Stock Units Award $0 +10,332 $0.000000 10,332 26 Sep 2022 Common Stock 10,332 $0.000000 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Non-Qualified Stock Options ("Stock Options") represent the time-based portion of the 2020-2022 Long-Term Incentive Plan award to the Reporting Person. The Stock Options become exercisable in two equal installments on September 26, 2023 and April 1, 2024.
F2 The Stock Options represent the time-based portion of the 2021-2023 Long-Term Incentive Plan award to the Reporting Person. The Stock Options become exercisable in three equal installments on September 26, 2023, April 1, 2024 and April 1, 2025.
F3 Represents Restricted Stock Units ("RSUs") for 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 September 26, 2023, April 1, 2024, April 1, 2025 and April 1, 2026.
F4 Each RSU, as defined in the Company's 2016 Incentive Compensation Plan, represents a contingent right to receive one share of DXLG common stock.