Harvey S. Kanter - Apr 9, 2023 Form 4 Insider Report for DESTINATION XL GROUP, INC. (DXLG)

Role
President and CEO, Director
Signature
Harvey S. Kanter
Stock symbol
DXLG
Transactions as of
Apr 9, 2023
Transactions value $
-$38,869
Form type
4
Date filed
4/13/2023, 04:28 PM
Previous filing
Apr 4, 2023
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 +18K +5.73% 332K Apr 9, 2023 Direct F1
transaction DXLG Common Stock, $0.01 par value Tax liability -$38.9K -7.08K -2.13% $5.49 325K Apr 9, 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 -18K -25% $0.00 54K Apr 9, 2023 Common Stock 18K 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.