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DESTINATION XL GROUP, INC. — Director's Dealing 2021
Nov 15, 2021
34382_dirs_2021-11-15_9e1f0502-14ab-492a-97e5-09e917fc4b70.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: Molloy Robert S (General Counsel & Secretary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-11-12 | Common Stock, $0.01 par value | M | 18317 | $5.04 | Acquired | 269448 | Direct |
| 2021-11-12 | Common Stock, $0.01 par value | S | 24984 | $8.00 | Disposed | 244464 | Direct |
| 2021-11-15 | Common Stock, $0.01 par value | S | 10000 | $8.5002 | Disposed | 234464 | 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 | 18317 | Disposed | 2023-05-28 | Common Stock (18317) | 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. These shares were sold in multiple transactions at prices ranging from $8.50 to 8.51, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) 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.