James Reath - 07 Oct 2023 Form 4 Insider Report for DESTINATION XL GROUP, INC. (DXLG)

Role
Chief Marketing Officer
Signature
James Reath
Issuer symbol
DXLG
Transactions as of
07 Oct 2023
Net transactions value
-$15,272
Form type
4
Filing time
10 Oct 2023, 16:46:07 UTC
Previous filing
27 Sep 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 $0 +10,947 +325% $0.000000 14,312 07 Oct 2023 Direct F1
transaction DXLG Common Stock, $0.01 par value Tax liability $15,272 -3,432 -24% $4.45 10,880 07 Oct 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 -10,947 -33% $0.000000 21,893 07 Oct 2023 Common Stock 10,947 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) 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 granted pursuant to an Inducement Award to the Reporting Person on October 7, 2022. The remaining RSUs vest and become exercisable on October 7, 2024 and October 7, 2025.