James Reath - 07 Oct 2024 Form 4 Insider Report for DESTINATION XL GROUP, INC. (DXLG)

Signature
James Reath
Issuer symbol
DXLG
Transactions as of
07 Oct 2024
Net transactions value
-$14,141
Form type
4
Filing time
09 Oct 2024, 16:04:00 UTC
Previous filing
03 May 2024
Next filing
03 Apr 2025

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 +10,946 +73% $0.000000 25,918 07 Oct 2024 Direct F1
transaction DXLG Common Stock, $0.01 par value Tax liability $14,141 -4,910 -19% $2.88 21,008 07 Oct 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 -10,946 -50% $0.000000 10,947 07 Oct 2024 Common Stock 10,946 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 granted pursuant to an Inducement Award to the Reporting Person on October 7, 2022. The remaining RSUs vest and become exercisable on October 7, 2025.