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DESTINATION XL GROUP, INC. — Director's Dealing 2019
Apr 3, 2019
34382_dirs_2019-04-03_f251d699-63de-4234-8d27-aafc0df9b67f.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: 2019-04-01
Reporting Person: Stratton Peter H Jr. (EVP, CFO, Treasurer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-04-01 | Common Stock, $0.01 par value | M | 33785 | — | Acquired | 123516 | Direct |
| 2019-04-01 | Common Stock, $0.01 par value | F | 9950 | $2.45 | Disposed | 113566 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-04-01 | Restricted Stock Units | $ | M | 11987 | Disposed | Common Stock (11987) | Direct | |
| 2019-04-01 | Restricted Stock Units | $ | M | 21798 | Disposed | Common Stock (21798) | 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 April 14, 2016, the Reporting Person was granted, under the 2016-2017 Long-Term Incentive Plan (the "16-17 LTIP"), 19,331 RSUs and on May 11, 2016, upon promotion to Executive Vice President, the Reporting Person was granted, under the 16-17 LTIP an addtional 4,644 RSUs, vesting in two equal installments on April 1, 2018 and April 1, 2019.
F4: On April 3, 2017, the Reporting Person was granted, under the 2017-2018 Long-Term Incentive Plan, 43,596 RSUs, vesting in two equal installments on April 1, 2019 and April 1, 2020.