John F. Cooney - Jan 3, 2022 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
Jan 3, 2022
Transactions value $
-$85,760
Form type
4
Date filed
1/3/2022, 03:05 PM
Previous filing
Oct 26, 2021
Next filing
Mar 28, 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 +11.21% $0.53* 79.4K Jan 3, 2022 Direct
transaction DXLG Common Stock, $0.01 par value Sale -$90K -15K -18.9% $6.00 64.4K Jan 3, 2022 Direct F1

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 -9.15% $0.00 79.4K Jan 3, 2022 Common Stock 8K $0.53 Direct F2
* 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 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.