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

Signature
Peter H. Stratton, Jr.
Stock symbol
DXLG
Transactions as of
Aug 31, 2023
Transactions value $
-$25,674
Form type
4
Date filed
9/5/2023, 04:33 PM
Previous filing
May 3, 2023
Next filing
Apr 3, 2024

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 +20K +9.39% $0.00 233K Aug 31, 2023 Direct F1
transaction DXLG Common Stock, $0.01 par value Tax liability -$25.7K -5.88K -2.52% $4.37 227K Aug 31, 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 -20K -100% $0.00* 0 Aug 31, 2023 Common Stock 20K 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.