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DESTINATION XL GROUP, INC. — Director's Dealing 2018
May 9, 2018
34382_dirs_2018-05-09_e476b2eb-9421-4620-b993-2b7bd6dec6c5.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: 2018-05-07
Reporting Person: KYEES JOHN E (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-05-07 | Deferred Stock | $1.55 | A | 10099 | Acquired | Common Stock (10099) | Direct |
Footnotes
F1: Deferred stock issued pursuant to the Director's elected form of compensation for quarterly annual retainer, lead independent director and chairperson fees.
F2: Each share of deferred stock is the economic 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 Third Amended and Restated Non-Employee Director Compensation Plan.
F3: There is no set expiration date. Deferred Stock termination events are set forth in the Third Amended and Restated Non-Employee Director Compensation Plan.