Francis C. Chane - 09 Apr 2023 Form 4 Insider Report for DESTINATION XL GROUP, INC. (DXLG)

Signature
Francis C. Chane
Issuer symbol
DXLG
Transactions as of
09 Apr 2023
Net transactions value
-$4,200
Form type
4
Filing time
13 Apr 2023, 16:27:04 UTC
Previous filing
04 Apr 2023
Next filing
03 May 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 +2,606 +1.6% 163,203 09 Apr 2023 Direct F1
transaction DXLG Common Stock, $0.01 par value Tax liability $4,200 -765 -0.47% $5.49 162,438 09 Apr 2023 Direct F2

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 Restricted Stock Units Options Exercise $0 -2,606 -25% $0.000000 7,817 09 Apr 2023 Common Stock 2,606 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units ("RSU") convert into common stock on a one-for-one basis.
F2 Represents shares withheld from shares otherwise issuable upon vesting of RSUs for payment of taxes.
F3 Represents RSUs for time-based compensation granted to the Reporting Person on April 9, 2022 under the 2022-2024 Long-Term Incentive Plan. The remaining RSUs vest and become exercisable on April 1, 2024, April 1, 2025 and April 1, 2026.