DESTINATION XL GROUP, INC. — Director's Dealing 2023

Jan 17, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DESTINATION XL GROUP, INC. (DXLG)
CIK: 0000813298
Period of Report: 2023-01-17

Reporting Person: Cooney John F (SVP, Chief Accounting Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-01-17	Common Stock, $0.01 par value	M	8000	$.53	Acquired	72559	Direct
2023-01-17	Common Stock, $0.01 par value	S	13000	$6.8485	Disposed	59559	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-01-17	Employee Stock Option (Right to Buy)	$.53	M	8000	Disposed	2030-06-11	Common Stock (8000)	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 $6.80 to $6.90, 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 range set forth in footnote (2) to this Form 4.

F3: The non-qualified stock options represent the time-based portion of the 2020-2022 Long-Term Incentive Plan award to the Reporting Person. The option vests in four equal installments. 23,858 options became exercisable on each of June 11, 2021 and April 1, 2022. 23,858 options will become exercisable on each of April 1, 2023 and April 1, 2024.