John F. Cooney - Jan 24, 2023 Form 4 Insider Report for DESTINATION XL GROUP, INC. (DXLG)

Role
SVP, Chief Accounting Officer
Signature
John F. Cooney
Stock symbol
DXLG
Transactions as of
Jan 24, 2023
Transactions value $
-$88,730
Form type
4
Date filed
1/24/2023, 03:16 PM
Previous filing
Jan 17, 2023
Next filing
Mar 27, 2023

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 $5.52K +8K +13.43% $0.69* 67.6K Jan 24, 2023 Direct
transaction DXLG Common Stock, $0.01 par value Sale -$94.3K -13K -19.24% $7.25 54.6K Jan 24, 2023 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 -22.06% $0.00 28.3K Jan 24, 2023 Common Stock 8K $0.69 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 Option represents the time-based portion of the 2021-2023 Long-Term Incentive Plan award to the Reporting Person. The option vests in four equal installments. 9,066 shares became exercisable on April 1, 2022. 9,066 shares will become exercisable on each of April 1, 2023, April 1, 2024 and April 1, 2025.