John F. Cooney - 24 Jan 2023 Form 4 Insider Report for DESTINATION XL GROUP, INC. (DXLG)

Signature
John F. Cooney
Issuer symbol
DXLG
Transactions as of
24 Jan 2023
Net transactions value
-$88,730
Form type
4
Filing time
24 Jan 2023, 15:16:53 UTC
Previous filing
17 Jan 2023
Next filing
27 Mar 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 $5,520 +8,000 +13% $0.6900* 67,559 24 Jan 2023 Direct
transaction DXLG Common Stock, $0.01 par value Sale $94,250 -13,000 -19% $7.25 54,559 24 Jan 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 Employee Stock Option (Right to Buy) Options Exercise $0 -8,000 -22% $0.000000 28,264 24 Jan 2023 Common Stock 8,000 $0.6900 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F2 The Non-Qualified Stock Option represents the time-based portion of the 2021-2023 Long-Term Incentive Plan award to the Reporting Person. The option vests in four equal installments. 9,066 shares became exercisable on April 1, 2022. 9,066 shares will become exercisable on each of April 1, 2023, April 1, 2024 and April 1, 2025.