John F. Cooney - Oct 25, 2021 Form 4 Insider Report for DESTINATION XL GROUP, INC. (DXLG)

Role
CAO, VP-Managing Director
Signature
John F. Cooney
Stock symbol
DXLG
Transactions as of
Oct 25, 2021
Transactions value $
-$91,703
Form type
4
Date filed
10/26/2021, 05:25 PM
Previous filing
Oct 5, 2022
Next filing
Jan 3, 2022

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 $4.24K +8K +10.21% $0.53* 86.4K Oct 25, 2021 Direct
transaction DXLG Common Stock, $0.01 par value Sale -$95.9K -15K -17.37% $6.40 71.4K Oct 25, 2021 Direct F1, 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 Employee Stock Option (Right to Buy) Options Exercise $0 -8K -8.38% $0.00 87.4K Oct 25, 2021 Common Stock 8K $0.53 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.33 to $6.49, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (2) to this Form 4.
F3 The non-qualified stock options represent the time-based portion of the 2020-2022 Long-Term Incentive Plan award to the Reporting Person. The option vests in four equal installments. 23,858 options became exercisable on June 11, 2021. 23,858 options will become exercisable on April 1, 2022, and 23,857 options will become exercisable on each of April 1, 2023 and April 1, 2024.