James Reath - 01 Apr 2024 Form 4 Insider Report for DESTINATION XL GROUP, INC. (DXLG)

Signature
James Reath
Issuer symbol
DXLG
Transactions as of
01 Apr 2024
Net transactions value
-$3,408
Form type
4
Filing time
10 Apr 2024, 16:25:04 UTC
Previous filing
10 Oct 2023
Next filing
03 May 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 $0 +2,583 +24% $0.000000 13,463 01 Apr 2024 Direct F1
transaction DXLG Common Stock, $0.01 par value Tax liability $3,408 -960 -7.1% $3.55 12,503 01 Apr 2024 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 -33% $0.000000 5,166 01 Apr 2024 Common Stock 2,583 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 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, 2025 and April 1, 2026.