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

Signature
James Reath
Issuer symbol
DXLG
Transactions as of
01 May 2024
Net transactions value
-$4,870
Form type
4/A
Filing time
16 Jul 2024, 17:58:31 UTC
Date Of Original Report
03 May 2024
Previous filing
03 Apr 2024
Next filing
09 Oct 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 +3,986 +32% 16,489 01 May 2024 Direct F1
transaction DXLG Common Stock, $0.01 par value Tax liability $4,870 -1,517 -9.2% $3.21 14,972 01 May 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 -3,986 -25% $0.000000 11,959 01 May 2024 Common Stock 3,986 $0.000000 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.