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DESTINATION XL GROUP, INC. — Director's Dealing 2019
Apr 3, 2019
34382_dirs_2019-04-03_d68db7f3-2517-40ef-8e53-2d2c5ecd7515.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: Gaeta Anthony (SVP, Store Sales & Operations)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-04-01 | Common Stock, $0.01 par value | M | 21115 | — | Acquired | 58362 | Direct |
| 2019-04-01 | Common Stock, $0.01 par value | F | 4178 | $2.45 | Disposed | 54184 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-04-01 | Restricted Stock Units | $ | M | 4335 | Disposed | Common Stock (4335) | Direct | |
| 2019-04-01 | Restricted Stock Units | $ | M | 16780 | Disposed | Common Stock (16780) | 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"), 4,844 RSUs and on November 27, 2017, upon promotion to Senior Vice President, the Reporting Person was granted, under the 16-17 LTIP an addtional 3,827 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 (the "17-18 LTIP"), 9,649 RSUs and on November 27, 2017, upon promotion to Senior Vice President, the Reporting Person was granted, under the 17-18 LTIP, an additional 23,909 RSUs, vesting in two equal installments on April 1, 2019 and April 1, 2020.