Peter H. Stratton Jr. - 09 Apr 2023 Form 4 Insider Report for DESTINATION XL GROUP, INC. (DXLG)

Signature
Peter H. Stratton, Jr.
Issuer symbol
DXLG
Transactions as of
09 Apr 2023
Net transactions value
-$7,351
Form type
4
Filing time
13 Apr 2023, 16:28:44 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 $0 +4,561 +2.2% $0.000000 214,586 09 Apr 2023 Direct F1
transaction DXLG Common Stock, $0.01 par value Tax liability $7,351 -1,339 -0.62% $5.49 213,247 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 -4,561 -25% $0.000000 13,681 09 Apr 2023 Common Stock 4,561 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.