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DESTINATION XL GROUP, INC. Director's Dealing 2020

May 28, 2020

34382_dirs_2020-05-28_b2ffc0db-69ab-4be3-94f3-0fbf52d4afae.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: DESTINATION XL GROUP, INC. (DXLG)
CIK: 0000813298
Period of Report: 2020-05-27

Reporting Person: Dhoot Ujjwal (Chief Digital Officer)

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock, $0.01 par value 63253 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Restricted Stock Units $1.30 2029-12-16 Common Stock (30473) Direct
Restricted Stock Units $1.30 2029-12-16 Common Stock (28698) Direct

Footnotes

F1: The restricted stock units ("RSUs") represent the time-based portion of the 2018-2020 Long-Term Incentive Plan award to the Reporting Person. The RSUs vest in three equal installments on December 16, 2020, April 1, 2021 and April 1, 2022.

F2: Each RSU, as defined in the Company's 2016 Incentive Compensation Plan, as amended, represents a contingent right to receive one share of DXLG common stock.

F3: The RSUs represent the time-based portion of the 2019-2021 Long-Term Incentive Plan award to the Reporting Person. The RSUs vest in four equal installments on December 16, 2020, April 1, 2021, April 1, 2022 and April 1, 2023.