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DESTINATION XL GROUP, INC. — Director's Dealing 2017
Mar 21, 2017
34382_dirs_2017-03-21_529f91b3-68e9-4386-8dfe-18fbcb245473.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: 2017-03-17
Reporting Person: Sprague Walter E (SVP, Human Resources)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-03-17 | Common Stock, $0.01 par value | D | 34722 | — | Disposed | 74213 | Direct |
| 2017-03-20 | Common Stock, $0.01 par value | A | 18447 | — | Acquired | 92660 | Direct |
Footnotes
F1: Represents the forfeiture of performance-based restricted stock granted to the reporting person on May 28, 2013 that was eligible to vest based on certain financial performance objectives. Upon grant, the target vesting amount was reported in Table I of Form 4. On March 17, 2017, the Company determined that, based on the Company's performance over the applicable performance period, the securities are forfeited.
F2: Represents a grant of restricted stock made pursuant to the Destination XL Group, Inc. Wrap-Around Plan. This grant vests on July 28, 2017.