John F. Cooney - Apr 1, 2022 Form 4 Insider Report for DESTINATION XL GROUP, INC. (DXLG)

Role
SVP, CAO and Controller
Signature
John F. Cooney
Stock symbol
DXLG
Transactions as of
Apr 1, 2022
Transactions value $
-$15,035
Form type
4
Date filed
4/1/2022, 04:44 PM
Previous filing
Mar 28, 2022
Next filing
Apr 12, 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 +10.5K +16.31% 74.9K Apr 1, 2022 Direct F1
transaction DXLG Common Stock, $0.01 par value Tax liability -$15K -3.08K -4.12% $4.88 71.8K Apr 1, 2022 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 -5.57K -100% $0.00* 0 Apr 1, 2022 Common Stock 5.57K Direct F1, F3
transaction DXLG Restricted Stock Units Options Exercise $0 -4.93K -50.01% $0.00 4.93K Apr 1, 2022 Common Stock 4.93K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units ("RSU") 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 time-based compensation granted to the Reporting Person on October 24, 2018 under the 2018-2020 Long-Term Incentive Plan.
F4 Represents RSUs for time-based compensation granted to the Reporting Person on August 7, 2019 under the 2019-2021 Long-Term Incentive Plan. The remaining RSUs vest on April 1, 2023.