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DESTINATION XL GROUP, INC. — Director's Dealing 2021
Mar 10, 2021
34382_dirs_2021-03-10_2a2db6d8-7d82-4446-88e9-8d088838e2eb.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: 2021-03-08
Reporting Person: Molloy Robert S (General Counsel, Secretary)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-03-09 | Employee Stock Option (Right to Buy) | $0.75 | A | 27872 | Acquired | 2031-03-09 | Common Stock (27872) | Direct |
| 2021-03-08 | Employee Stock Option (Right to Buy) | $0.69 | A | 70579 | Acquired | 2031-03-08 | Common Stock (70579) | Direct |
Footnotes
F1: The Non-Qualfied Stock Options ("Stock Options") represent a discretionary award to the Reporting Person pursuant to the Company's 2016 Incentive Compenstion Plan. The Stock Options become exercisable in three equal installments on March 9, 2022, March 9, 2023 and March 9, 2024.
F2: The Stock Options represent the time-based portion of the 2021-2023 Long-Term Incentive Plan award to the Reporting Person. The Stock Options become exercisable in four equal installments on April 1, 2022, April 1, 2023, April 1, 2024 and April 1, 2025.