Allison Surette - 31 Aug 2023 Form 4 Insider Report for DESTINATION XL GROUP, INC. (DXLG)

Role
Chief Merchandising Officer
Signature
Allison Surette
Issuer symbol
DXLG
Transactions as of
31 Aug 2023
Net transactions value
-$18,524
Form type
4
Filing time
05 Sep 2023, 16:34:11 UTC
Previous filing
03 May 2023
Next filing
03 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 +14,442 +21% 84,701 31 Aug 2023 Direct F1
transaction DXLG Common Stock, $0.01 par value Tax liability $18,524 -4,239 -5% $4.37 80,462 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 -14,442 -100% $0.000000* 0 31 Aug 2023 Common Stock 14,442 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.