Filing Details

Accession Number:
0001062993-21-009874
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-10-26 17:25:02
Reporting Period:
2021-10-25
Accepted Time:
2021-10-26 17:25:02
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
813298 Destination Xl Group Inc. DXLG Retail-Family Clothing Stores (5651) 042623104
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1643413 F John Cooney C/O Destination Xl Group, Inc.
555 Turnpike Street
Canton MA 02021
Cao, Vp-Managing Director No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, $0.01 Par Value Acquisiton 2021-10-25 8,000 $0.53 86,358 No 4 M Direct
Common Stock, $0.01 Par Value Disposition 2021-10-25 15,000 $6.40 71,358 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option (Right to Buy) Disposition 2021-10-25 8,000 $0.00 8,000 $0.53
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
87,430 2021-06-11 2030-06-11 No 4 M Direct
Footnotes
  1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.33 to $6.49, 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.
  3. 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 June 11, 2021. 23,858 options will become exercisable on April 1, 2022, and 23,857 options will become exercisable on each of April 1, 2023 and April 1, 2024.