James Reath - May 1, 2024 Form 4/A Insider Report for DESTINATION XL GROUP, INC. (DXLG)

Signature
James Reath
Stock symbol
DXLG
Transactions as of
May 1, 2024
Transactions value $
-$4,870
Form type
4/A
Date filed
7/16/2024, 05:58 PM
Date Of Original Report
May 3, 2024
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 +3.99K +31.88% 16.5K May 1, 2024 Direct F1
transaction DXLG Common Stock, $0.01 par value Tax liability -$4.87K -1.52K -9.2% $3.21 15K May 1, 2024 Direct F2, F3

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 -3.99K -25% $0.00 12K May 1, 2024 Common Stock 3.99K $0.00 Direct F1, F4
* 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 the time-based portion of the 2023-2025 Long-Term Incentive Plan award to the Reporting Person on May 1, 2023. The remaining RSUs vest and become exercisable on April 1, 2025, April 1, 2026 and April 1, 2027.
F2 Represents shares withheld from shares otherwise issuable upon vesting of RSUs for payment of taxes.
F3 This amendment is being filed to correct the amount of securities beneficially owned by the Reporting Person. The number of shares held by the Reporting Person was inadvertently overstated by 960 shares in the original report.
F4 Each RSU, as defined in the Company's 2016 Incentive Compensation Plan, represents a contingent right to receive one share of DXLG common stock.