John F. Cooney - Apr 1, 2024 Form 4 Insider Report for DESTINATION XL GROUP, INC. (DXLG)

Signature
John F. Cooney
Stock symbol
DXLG
Transactions as of
Apr 1, 2024
Transactions value $
$0
Form type
4
Date filed
4/10/2024, 04:23 PM
Previous filing
Sep 5, 2023
Next filing
May 3, 2024

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 +1.73K +2.52% 70.4K Apr 1, 2024 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 Restricted Stock Units Options Exercise $0 -1.73K -33.33% $0.00 3.46K Apr 1, 2024 Common Stock 1.73K Direct F1, F2
transaction DXLG Restricted Stock Units Award $0 +9.79K $0.00 9.79K Apr 1, 2024 Common Stock 9.79K $0.00 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents Restricted Stock Units ("RSUs") for time-based compensation granted to the Reporting Person on April 9, 2022 under the 2022-2024 Long-Term Incentive Plan. The remaining RSUs vest and become exercisable on 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.
F3 The RSUs represent the time-based portion of the 2024-2026 Long-Term Incentive Plan Award for the Reporting Person. The RSUs vest and become exercisable in four equal installments on April 1, 2025, April 1, 2026, April 1, 2027 and April 1, 2028.