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

Role: Chief Stores Officer
Signature: Anthony Gaeta
Stock symbol: DXLG
Transactions as of: Jan 11, 2023
Transactions value $: -$37,440
Form type: 4
Date filed: 1/12/2023, 03:03 PM
Previous filing: Sep 1, 2022
Next filing: Feb 14, 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	$94.3K	+18.7K	+12.18%	$5.04	172K	Jan 11, 2023	Direct
transaction	DXLG	Common Stock, $0.01 par value	Sale	-$132K	-18.7K	-10.86%	$7.04	154K	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	+18.7K		$0.00^*	0	Jan 11, 2023	Common Stock	18.7K	$5.04	Direct	F1, 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 $7.03 to $7.12, 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 May 28, 2013 under the 2013-2016 Long-Term Incentive Plan. The shares subject to time-based vesting became fully vested January 28, 2017.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.03 to $7.12, 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 May 28, 2013 under the 2013-2016 Long-Term Incentive Plan. The shares subject to time-based vesting became fully vested January 28, 2017.