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

Signature
Allison Surette
Issuer symbol
DXLG
Transactions as of
01 Apr 2024
Net transactions value
-$2,854
Form type
4
Filing time
10 Apr 2024, 16:25:45 UTC
Previous filing
05 Sep 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 +2,736 +3.4% 83,198 01 Apr 2024 Direct F1
transaction DXLG Common Stock, $0.01 par value Tax liability $2,854 -804 -0.97% $3.55 82,394 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 -2,736 -33% $0.000000 5,473 01 Apr 2024 Common Stock 2,736 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") convert 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 time-based compensation granted to the Reporting Person on April 9, 2022 under the 2022-2024 Long-Term Incentive Compensation Plan. The remaining RSUs vest and become exercisable on April 1, 2025 and April 1, 2026.