Robert S. Molloy - Aug 5, 2021 Form 4 Insider Report for DESTINATION XL GROUP, INC. (DXLG)

Role
General Counsel, Secretary
Signature
Robert S. Molloy
Stock symbol
DXLG
Transactions as of
Aug 5, 2021
Transactions value $
$0
Form type
4
Date filed
10/5/2022, 05:05 PM
Next filing
Nov 2, 2021

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 Employee Stock Option (Right to Buy) Award $0 +6.42K $0.00 6.42K Aug 5, 2021 Common Stock 6.42K $0.75 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option grant was approved by the Issuer's Compensation Committee on March 9, 2021, subject to shareholder approval of an amendment to the Issuer's 2016 Incentive Compensation Plan under which the option was granted. The Issuer's shareholders approved the amended plan on August 5, 2021. The options are exercisable in three equal installments on March 9, 2022, March 9, 2023 and March 9, 2024.