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DESTINATION XL GROUP, INC. — Director's Dealing 2018
Apr 4, 2018
34382_dirs_2018-04-04_40adb62c-5b91-431f-99d3-232d7bb70a45.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: 2018-04-01
Reporting Person: Laher Sahal S (SVPChief Digital & InfoOfficer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-04-01 | Common Stock, $0.01 par value | M | 12068 | — | Acquired | 45401 | Direct |
| 2018-04-01 | Common Stock, $0.01 par value | F | 3446 | $1.75 | Disposed | 41955 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-04-01 | Restricted Stock Units | $ | M | 12068 | Disposed | Common Stock (12068) | Direct | |
| 2018-04-02 | Restricted Stock Units | $ | A | 12379 | Acquired | Common Stock (12379) | Direct |
Footnotes
F1: Restricted stock units ("RSU") convert into common stock on a one-for-one basis.
F2: Represents shares withheld from shares otherwise issuable upon vesting of RSUs for payment of taxes.
F3: On January 30, 2017, the Reporting Person was granted, under the 2016-2017 Long-Term Incentive Plan, 24,136 RSUs, vesting in two equal installments on April 1, 2018 and April 1, 2019.
F4: Represents RSUs for performance-based compensation granted to the Reporting Person based on the Company's performance over the applicable performance period under the 2016-2017 Long-Term Incentive Plan. The RSUs vest on August 31, 2018.