Stacey Jones - 01 May 2023 Form 4 Insider Report for DESTINATION XL GROUP, INC. (DXLG)

Signature
Stacey Jones
Issuer symbol
DXLG
Transactions as of
01 May 2023
Net transactions value
$0
Form type
4
Filing time
03 May 2023, 16:10:32 UTC
Previous filing
13 Apr 2023
Next filing
05 Sep 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DXLG Restricted Stock Units Award $0 +12,118 $0.000000 12,118 01 May 2023 Common Stock 12,118 $0.000000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Restricted Stock Units ("RSUs") represent the time-based portion of the 2023-2025 Long-Term Incentive Plan award to the Reporting Person. The RSU's vest and become exercisable in four equal installments on May 1, 2024, April 1, 2025, April 1, 2026 and April 1, 2027.
F2 Each RSU, as defined in the Company's 2016 Incentive Compensation Plan, represents a contingent right to receive one share of DXLG common stock.