Peter H. Stratton Jr. - 31 Aug 2023 Form 4 Insider Report for DESTINATION XL GROUP, INC. (DXLG)

Role
EVP, CFO, Treasurer
Signature
Peter H. Stratton, Jr.
Issuer symbol
DXLG
Transactions as of
31 Aug 2023
Net transactions value
-$25,674
Form type
4
Filing time
05 Sep 2023, 16:33:52 UTC
Previous filing
03 May 2023
Next filing
10 Apr 2024
SEC
View on sec.gov

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 +20,016 +9.4% $0.000000 233,263 31 Aug 2023 Direct F1
transaction DXLG Common Stock, $0.01 par value Tax liability $25,674 -5,875 -2.5% $4.37 227,388 31 Aug 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 -20,016 -100% $0.000000* 0 31 Aug 2023 Common Stock 20,016 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 performance-based compensation granted to the Reporting Person on March 23, 2023 under the 2020-2022 Long-Term Incentive Plan.