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

Role
Chief Merchandising Officer
Signature
Allison Surette
Stock symbol
DXLG
Transactions as of
Aug 31, 2023
Transactions value $
-$18,524
Form type
4
Date filed
9/5/2023, 04:34 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 +14.4K +20.56% 84.7K Aug 31, 2023 Direct F1
transaction DXLG Common Stock, $0.01 par value Tax liability -$18.5K -4.24K -5% $4.37 80.5K 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 -14.4K -100% $0.00* 0 Aug 31, 2023 Common Stock 14.4K 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.