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DESTINATION XL GROUP, INC. — Director's Dealing 2016
Mar 2, 2016
34382_dirs_2016-03-02_7000c87e-2bca-41ae-a157-4b87c266919d.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: DESTINATION XL GROUP, INC. (DXLG)
CIK: 0000813298
Period of Report: 2016-02-29
Reporting Person: KYEES JOHN E (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-02-29 | Deferred Stock | $4.44 | A | 84 | Acquired | Common Stock (84) | Direct |
Footnotes
F1: Deferred stock issued pursuant to the Director's elected form of compensation for participation in meetings of the Board of Directors and/or its committees.
F2: Each share of deferred stock is the ecoomic equivalent of one share of common stock. The shares of deferred stock become payable in common stock, at the expiration of the 3-year deferral period as elected by the Reporting Person under the terms of the Second Amended and Restated Non-Employee Director Compensation Plan.
F3: There is no set expiration date. Deferred Stock termination events are set forth in the Amended and Restated Non-Employee Director Compensation Plan.