Stacey Jones - Jan 11, 2023 Form 4 Insider Report for DESTINATION XL GROUP, INC. (DXLG)

Role
Chief Human Resources Officer
Signature
Stacey Jones
Stock symbol
DXLG
Transactions as of
Jan 11, 2023
Transactions value $
-$165,045
Form type
4
Date filed
1/12/2023, 03:03 PM
Previous filing
Sep 1, 2022
Next filing
Mar 27, 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 $82.2K +16.3K +18.42% $5.04 105K Jan 11, 2023 Direct
transaction DXLG Common Stock, $0.01 par value Options Exercise $10.8K +20.4K +19.5% $0.53* 125K Jan 11, 2023 Direct
transaction DXLG Common Stock, $0.01 par value Sale -$258K -36.8K -29.33% $7.02 88.5K Jan 11, 2023 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 Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -16.3K -100% $0.00* 0 Jan 11, 2023 Common Stock 16.3K Direct F1, F2
transaction DXLG Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -20.4K -25% $0.00 61.3K Jan 11, 2023 Common Stock 20.4K Direct F1, F3
* 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 $7.00 to $7.075, 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 ("Stock Options") to the Reporting Person on May 28, 2013 under the 2013-2016 Long-Term Incentive Plan. The shares subject to time-based vesting became fully vested January 28, 2017.
F3 Represents a grant of Stock Options to the Reporting Person on June 11, 2020 under the 2020-2022 Long-Term Incentive Plan. 20,447 Stock Options became exercisable on each of June 11, 2021 and April 1, 2022, and 20,447 Stock Options will become exercisable on each of April 1, 2023 and April 1, 2024.