Harvey S. Kanter - May 1, 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
May 1, 2023
Transactions value $
$0
Form type
4
Date filed
5/3/2023, 04:10 PM
Previous filing
Apr 13, 2023
Next filing
Aug 15, 2023

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 Award $0 +82.3K $0.00 82.3K May 1, 2023 Common Stock 82.3K $0.00 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Restricted Stock Units ("RSUs") represent the time-based portion of the 2023-2025 Long-Term Incentive Plan award to the Reporting Person. The RSU's vest and become exercisable in four equal installments on May 1, 2024, April 1, 2025, April 1, 2026 and April 1, 2027.
F2 Each RSU, as defined in the Company's 2016 Incentive Compensation Plan, represents a contingent right to receive one share of DXLG common stock.