James Reath - Sep 26, 2023 Form 4 Insider Report for DESTINATION XL GROUP, INC. (DXLG)

Role
Chief Marketing Officer
Signature
James Reath
Stock symbol
DXLG
Transactions as of
Sep 26, 2023
Transactions value $
-$6,521
Form type
4
Date filed
9/27/2023, 04:05 PM
Previous filing
May 3, 2023
Next filing
Oct 10, 2023

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 +2.58K $0.00 2.58K Sep 26, 2023 Direct F1
transaction DXLG Common Stock, $0.01 par value Options Exercise $0 +2.32K +89.82% $0.00 4.9K Sep 26, 2023 Direct F1
transaction DXLG Common Stock, $0.01 par value Tax liability -$6.52K -1.54K -31.37% $4.24 3.37K Sep 26, 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 -2.58K -25% $0.00 7.75K Sep 26, 2023 Common Stock 2.58K Direct F1, F3
transaction DXLG Restricted Stock Units Options Exercise $0 -2.32K -100% $0.00* 0 Sep 26, 2023 Common Stock 2.32K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units (RSU) converted 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 the time-based portion of the 2022-2024 Long-Term Incentive Plan award to the Reporting Person on September 26, 2022. The remaining RSUs vest and become exercisable on April 1, 2024, April 1, 2025 and April 1, 2026.
F4 Represents RSUs for performance-based compensation granted to the Reporting Person based on the Company's performance over the applicable performance period under the 2020-2022 Long-Term Incentive Plan.