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DESTINATION XL GROUP, INC. Director's Dealing 2021

Nov 16, 2021

34382_dirs_2021-11-16_eb8ca6e4-19d1-44fa-bd7f-9157939c2f2a.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: 2021-11-12

Reporting Person: Chane Francis C (SVPSupply Chain,CustomerFulfil)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-11-12 Common Stock, $0.01 par value M 19055 $5.04 Disposed 198050 Direct
2021-11-12 Common Stock, $0.01 par value S 24368 $8.0069 Disposed 173682 Direct
2021-11-15 Common Stock, $0.01 par value S 6667 $8.50 Disposed 167015 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-11-12 Non-Qualified Stock Option (Right to Buy) $5.04 M 19055 Disposed 2023-05-28 Common Stock (19055) Direct

Footnotes

F1: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.

F2: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $8.00 to $8.07, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, of the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in Footnote (3) to this Form 4.

F3: Represents a grant of non-qualified stock options to the Reporting Person on May 28, 2013 under the 2013-2016 Long-Term Incentive Plan. The shares subject to time-based vesting became fully vested January 28, 2017.