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DESTINATION XL GROUP, INC. Director's Dealing 2021

Aug 4, 2021

34382_dirs_2021-08-04_0841cb83-096a-44c6-8cbc-d2ad0fdf3b0c.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: 2021-08-02

Reporting Person: MESDAG WILLEM (Director, 10% Owner)
Reporting Person: RED MOUNTAIN CAPITAL PARTNERS LLC (10% Owner)
Reporting Person: RED MOUNTAIN CAPITAL MANAGEMENT INC (10% Owner)
Reporting Person: RMCP GP LLC (10% Owner)
Reporting Person: RED MOUNTAIN PARTNERS, L.P. (10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-08-02 Common Stock, $0.01 par value A 6237 $5.01 Acquired 8792037 Indirect

Footnotes

F1: Shares issued pursuant to the Director's elected form of compensation for quarterly annual retainer and committee chairperson fee.

F2: 7,522,354 of these shares are held directly by Red Mountain Partners, L.P. ("RMP") and the remaining 1,269,683 shares are held directly by Red Mountain Capital Partners LLC ("RMCP LLC"). This Form 4 is jointly filed by (i) RMP, (ii) RMCP GP LLC ("RMCP GP"), (iii) RMCP LLC, (iv) Red Mountain Capital Management, Inc. ("RMCM"), and (v) Mr. Mesdag. RMCP GP is the general partner of RMP. RMCP LLC is the managing member of RMCP GP. RMCM is the managing member of RMCP LLC. Mr. Mesdag is the president, sole executive officer, sole director and sole shareholder of RMCM. Each of Mr. Mesdag, RMCM, RMCP LLC, and RMCP GP, by virtue of their direct or indirect control of RMP, may be deemed to beneficially own some or all of the securities reported as being held by RMP. Each of Mr. Mesdag and RMCM, by virtue of their direct or indirect control of RMCP LLC, may be deemed to beneficially own some or all of the securities reported as being held by RMCP LLC.