John F. Cooney - 01 Apr 2024 Form 4 Insider Report for DESTINATION XL GROUP, INC. (DXLG)

Role
SVP, Chief Accounting Officer
Signature
John F. Cooney
Issuer symbol
DXLG
Transactions as of
01 Apr 2024
Net transactions value
$0
Form type
4
Filing time
10 Apr 2024, 16:23:36 UTC
Previous filing
05 Sep 2023
Next filing
03 May 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 +1,730 +2.5% 70,363 01 Apr 2024 Direct F1

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 -1,730 -33% $0.000000 3,461 01 Apr 2024 Common Stock 1,730 Direct F1, F2
transaction DXLG Restricted Stock Units Award $0 +9,788 $0.000000 9,788 01 Apr 2024 Common Stock 9,788 $0.000000 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents Restricted Stock Units ("RSUs") for time-based compensation granted to the Reporting Person on April 9, 2022 under the 2022-2024 Long-Term Incentive Plan. The remaining RSUs vest and become exercisable on April 1, 2025 and April 1, 2026.
F2 Each RSU, as defined in the Company's 2016 Incentive Compensation Plan, represents a contingent right to receive one share of DXLG common stock.
F3 The RSUs represent the time-based portion of the 2024-2026 Long-Term Incentive Plan Award for the Reporting Person. The RSUs vest and become exercisable in four equal installments on April 1, 2025, April 1, 2026, April 1, 2027 and April 1, 2028.