Allison Surette - Apr 9, 2022 Form 4 Insider Report for DESTINATION XL GROUP, INC. (DXLG)

Role
Chief Merchandising Officer
Signature
Allison Surette
Stock symbol
DXLG
Transactions as of
Apr 9, 2022
Transactions value $
$0
Form type
4
Date filed
4/12/2022, 04:30 PM
Previous filing
Apr 1, 2022
Next filing
Sep 1, 2022

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 Award $0 +10.9K $0.00 10.9K Apr 9, 2022 Common Stock 10.9K $0.00 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Restricted Stock Units ("RSUs") represent the time-based portion of the 2022-2024 Long-Term Incentive Plan award to the Reporting Person. The RSUs vest and become exercisable in four equal installments on April 9, 2023, April 1, 2024, April 1, 2025 and April 1, 2026.
F2 Each RSU, as defined in the Company's 2016 Incentive Compensation Plan, represents a contingent right to receive one share of DXLG common stock.