Ivy Ross - Nov 21, 2022 Form 4 Insider Report for DESTINATION XL GROUP, INC. (DXLG)

Role: Director
Signature: Robert S. Molloy, Attorney-in-Fact for Ivy Ross
Stock symbol: DXLG
Transactions as of: Nov 21, 2022
Transactions value $: -$103,133
Form type: 4
Date filed: 11/23/2022, 03:21 PM
Previous filing: Nov 2, 2022
Next filing: May 3, 2023

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	$68.9K	+15K	+7.46%	$4.59	216K	Nov 21, 2022	Direct
transaction	DXLG	Common Stock, $0.01 par value	Sale	-$67.5K	-10K	-4.63%	$6.75	206K	Nov 21, 2022	Direct
transaction	DXLG	Common Stock, $0.01 par value	Sale	-$104K	-15K	-7.28%	$6.97	191K	Nov 22, 2022	Direct	F1

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	Director Stock Option (Right to Buy)	Options Exercise	$0	-15K	-100%	$0.00^*	0	Nov 21, 2022	Common Stock	15K	$4.59	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.95 to $6.985, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
F2	Represents a grant of non-qualified stock options to the Reporting Person on January 31, 2013 under the 2006 Incentive Compensation Plan. The options subject to time-based vesting became fully vested on January 31, 2015.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.95 to $6.985, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.

Represents a grant of non-qualified stock options to the Reporting Person on January 31, 2013 under the 2006 Incentive Compensation Plan. The options subject to time-based vesting became fully vested on January 31, 2015.