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DESTINATION XL GROUP, INC. — Director's Dealing 2016
May 4, 2016
34382_dirs_2016-05-04_4c3e3748-b2c7-4565-9a74-e7018cb5230b.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: 2016-05-02
Reporting Person: KYEES JOHN E (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-05-02 | Deferred Stock | $5.44 | A | 2349 | Acquired | Common Stock (2349) | Direct |
Footnotes
F1: Deferred stock issued pursuant to the Director's elected form of compensation for quarterly annual retainer.
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 Second Amended and Restated Non-Employee Director Compensation Plan.