James Reath - Apr 1, 2025 Form 4 Insider Report for DESTINATION XL GROUP, INC. (DXLG)

Signature
James Reath
Stock symbol
DXLG
Transactions as of
Apr 1, 2025
Transactions value $
-$5,348
Form type
4
Date filed
4/3/2025, 05:30 PM
Previous filing
Oct 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DXLG Common Stock, $0.01 par value Options Exercise $0 +2.58K +12.3% $0.00 23.6K Apr 1, 2025 Direct F1
transaction DXLG Common Stock, $0.01 par value Options Exercise $0 +3.99K +16.9% $0.00 27.6K Apr 1, 2025 Direct F1
transaction DXLG Common Stock, $0.01 par value Options Exercise $0 +4.93K +17.88% $0.00 32.5K Apr 1, 2025 Direct F1
transaction DXLG Common Stock, $0.01 par value Tax liability -$5.35K -3.66K -11.27% $1.46 28.8K Apr 1, 2025 Direct F2

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 Options Exercise $0 -2.58K -50% $0.00 2.58K Apr 1, 2025 Common Stock 2.58K Direct F1, F3
transaction DXLG Restricted Stock Units Options Exercise $0 -3.99K -33.34% $0.00 7.97K Apr 1, 2025 Common Stock 3.99K Direct F1, F4
transaction DXLG Restricted Stock Units Options Exercise $0 -4.93K -25% $0.00 14.8K Apr 1, 2025 Common Stock 4.93K Direct F1, F5
transaction DXLG Restricted Stock Units Award $0 +37.5K $0.00 37.5K Apr 1, 2025 Common Stock 37.5K $0.00 Direct F1, F6
transaction DXLG Restricted Stock Units Award $0 +48.1K $0.00 48.1K Apr 1, 2025 Common Stock 48.1K $0.00 Direct F1, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units ("RSUs") converted into common stock on a one-for-one basis.
F2 Represents shares withheld from shares otherwise issuable upon vesting of RSUs for payment of taxes.
F3 Represents RSUs for the time-based portion of the 2022-2024 Long-Term Incentive Plan award to the Reporting Person on September 26, 2022. The remaining RSUs vest and become exercisable on April 1, 2026.
F4 Represents RSUs for the time-based portion of the 2023-2025 Long-Term Incentive Plan award to the Reporting Person on May 1, 2023. The remaining RSUs vest and become exercisable on April 1, 2026 and April 1, 2027.
F5 Represents RSUs for the time-based portion of the 2024-2026 Long-Term Incentive Plan award to the Reporting Person on April 1, 2024. The remaining RSUs vest and become exercisable on April 1, 2026, April 1, 2027 and April 1, 2028.
F6 Represents RSUs for performance-based compensation to the Reporting Person based on the Company's performance over the applicable performance period under the 2022-2024 Long-Term Incentive Plan. The RSUs vest and become exercisable on August 31, 2025.
F7 Represents RSUs for the time-based portion of the 2025-2027 Long-Term Incentive Plan award to the Reporting Person on April 1, 2025. The RSUs vest and become exercisable in four equal installments on April 1, 2026, April 1, 2027, April 1, 2028 and April 1, 2029.