Allison Surette - 01 Apr 2025 Form 4 Insider Report for DESTINATION XL GROUP, INC. (DXLG)

Role: Chief Merchandising Officer
Signature: Allison Surette
Issuer symbol: DXLG
Transactions as of: 01 Apr 2025
Net transactions value: -$4,649
Form type: 4
Filing time: 03 Apr 2025, 17:35:43 UTC
Previous filing: 03 May 2024
Next filing: 03 Sep 2025
SEC: View on sec.gov

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		+2,737	+3.2%		88,619	01 Apr 2025	Direct	F1
transaction	DXLG	Common Stock, $0.01 par value	Options Exercise		+3,488	+3.9%		92,107	01 Apr 2025	Direct	F1
transaction	DXLG	Common Stock, $0.01 par value	Options Exercise		+4,621	+5%		96,728	01 Apr 2025	Direct	F1
transaction	DXLG	Common Stock, $0.01 par value	Tax liability	$4,649	-3,184	-3.3%	$1.46	93,544	01 Apr 2025	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	-2,737	-50%	$0.000000	2,736	01 Apr 2025	Common Stock	2,737		Direct	F1, F3
transaction	DXLG	Restricted Stock Units	Options Exercise	$0	-3,488	-33%	$0.000000	6,976	01 Apr 2025	Common Stock	3,488		Direct	F1, F4
transaction	DXLG	Restricted Stock Units	Options Exercise	$0	-4,621	-25%	$0.000000	13,864	01 Apr 2025	Common Stock	4,621		Direct	F1, F5
transaction	DXLG	Restricted Stock Units	Award	$0	+37,636		$0.000000	37,636	01 Apr 2025	Common Stock	37,636	$0.000000	Direct	F1, F6
transaction	DXLG	Restricted Stock Units	Award	$0	+45,062		$0.000000	45,062	01 Apr 2025	Common Stock	45,062	$0.000000	Direct	F1, F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted Stock Units ("RSUs") 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 the time-based portion of the 2022-2024 Long-Term Incentive Plan award to the Reporting Person on April 9, 2022. The remaining RSUs vest and become exercisable on April 1, 2026.
F4	Represents 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, 2026 and April 1, 2027.
F5	Represents RSUs for the time-based portion of the 2024-2026 Long-Term Incentive Plan award to the Reporting Person on April 1, 2024. The remaining RSUs vest and become exercisable on April 1, 2026, April 1, 2027 and April 1, 2028.
F6	Represents RSUs for performance-based compensation to the Reporting Person on April 1, 2025 based on the Company's performance over the applicable performance period under the 2022-2024 Long-Term Incentive Plan. The RSUs vest and become exercisable on August 31, 2025.
F7	Represents RSUs for the time-based portion of the 2025-2027 Long-Term Incentive Plan award to the Reporting Person on April 1, 2025. The RSUs vest and become exercisable in four equal installments on April 1, 2026, April 1, 2027, April 1, 2028 and April 1, 2029.