DESTINATION XL GROUP, INC. — Director's Dealing 2021

Feb 22, 2021

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: DESTINATION XL GROUP, INC. (DXLG)
CIK: 0000813298
Period of Report: 2021-02-21

Reporting Person: Jones Stacey (Chief Human Resources Officer)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $0.01 par value	55346	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Non-Qualified Stock Options (Right to Buy)	$5.04	2023-05-28	Common Stock (16304)		Direct
Non-Qualified Stock Options (Right to Buy)	$0.53	2030-06-11	Common Stock (81788)		Direct
Restricted Stock Units	$0	2028-10-24	Common Stock (9631)		Direct
Restricted Stock Units	$0	2029-08-07	Common Stock (12674)		Direct

Footnotes

F1: The non-qualified stock options ("Stock Options") represents the time-based portion of the 2020-2022 Long-Term Incentive Plan award to the Reporting Person. The Stock Options vest in four equal installments on June 11, 2021, April 1, 2022, April 1, 2023 and April 1, 2024. 20,447 options become exercisable on June 11, 2021.

F2: 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 two equal installments on April 1, 2021 and April 1, 2022. 4,815 RSUs will vest on April 1, 2021.

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 three equal installments on April 1, 2021, April 1, 2022 and April 1, 2023. 4,225 RSUs will vest on April 1, 2021.

F4: Each RSU, as defined in the Company's 2016 Incentive Compensation Plan, represents a contingent right to receive one share of DXLG common stock.