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

Role
Chief Marketing Officer
Signature
James Reath
Issuer symbol
DXLG
Transactions as of
26 Sep 2023
Net transactions value
-$6,521
Form type
4
Filing time
27 Sep 2023, 16:05:05 UTC
Previous filing
03 May 2023
Next filing
10 Oct 2023
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 +2,583 $0.000000 2,583 26 Sep 2023 Direct F1
transaction DXLG Common Stock, $0.01 par value Options Exercise $0 +2,320 +90% $0.000000 4,903 26 Sep 2023 Direct F1
transaction DXLG Common Stock, $0.01 par value Tax liability $6,521 -1,538 -31% $4.24 3,365 26 Sep 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 -2,583 -25% $0.000000 7,749 26 Sep 2023 Common Stock 2,583 Direct F1, F3
transaction DXLG Restricted Stock Units Options Exercise $0 -2,320 -100% $0.000000* 0 26 Sep 2023 Common Stock 2,320 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.