Harvey S. Kanter - May 1, 2024 Form 4 Insider Report for DESTINATION XL GROUP, INC. (DXLG)

Role
President and CEO, Director
Signature
Harvey S. Kanter
Stock symbol
DXLG
Transactions as of
May 1, 2024
Transactions value $
$0
Form type
4
Date filed
5/3/2024, 04:22 PM
Previous filing
Apr 3, 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 +20.6K +5.17% 418K May 1, 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 -20.6K -25% $0.00 61.7K May 1, 2024 Common Stock 20.6K $0.00 Direct F1, F2
* 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 May 1, 2023 under the 2023-2025 Long-Term Incentive Compensation Plan. The remaining RSUs vest and become exercisable on April 1, 2025, April 1, 2026 and April 1, 2027.
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.