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Filing Details

Accession Number:: 0000813298-14-000024
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2014-03-20 19:33:08
Reporting Period:: 2014-03-18

Filing Date:: 2014-03-20
Accepted Time:: 2014-03-20 19:33:08
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	Director	Officer	Large Shareholder	Other
1374566	Willem Mesdag	C/O Red Mountain Capital Management Inc. 10100 Santa Monica Boulevard, Suite 925 Los Angeles CA 90067	Yes	No	Yes	No
1374588	Red Mountain Capital Partners Llc	10100 Santa Monica Boulevard Suite 925 Los Angeles CA 90067	No	No	No	Yes
1374603	Red Mountain Partners, L.p.	10100 Santa Monica Boulevard Suite 925 Los Angeles CA	No	No	Yes	Yes
1374606	Rmcp Gp Llc	10100 Santa Monica Boulevard Suite 925 Los Angeles CA 90067	No	No	No	Yes
1374607	Red Mountain Capital Management Inc	10100 Santa Monica Boulevard Suite 925 Los Angeles CA 90067	No	No	No	Yes

Reported Non-Derivative Transactions

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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	2014-03-18	400,000	$5.45	5,238,054	No	4	P	Indirect	See Footnote and Remarks below
Common Stock, $0.01 Par Value	Acquisiton	2014-03-19	375,500	$5.52	5,613,554	No	4	P	Indirect	See Footnote and Remarks below
Common Stock, $0.01 Par Value	Acquisiton	2014-03-20	310,700	$5.55	5,924,254	No	4	P	Indirect	See Footnote and Remarks below

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	See Footnote and Remarks below
No	4	P	Indirect	See Footnote and Remarks below
No	4	P	Indirect	See Footnote and Remarks below

Footnotes

The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $5.3700 to $5.500 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 purchased at each separate price within the ranges set forth in footnote (1) to this Form 4.
These shares are held by Red Mountain partners, L.P. ("RMP"). This Form 4 is jointly filed by (i) RMP, (ii) RMCP GP LLC ("RMCP GP"), (iii) Red Mountain Capital Partners LLC ("RMCP LLC"), (iv) Red Mountain Capital Management, Inc. ("RMCM"), and (v) Willem Mesdag. RMCP GP is the general partner of RMP. RMCP LLC is the managing member of RMCP GP. RMCM is the managing member of RMCP LLC. Willem Mesdag is the president, sole executive officer, sole director and sole shareholder of RMCM. Willem Mesdag is also a director of DXLG. Each of Reporting Person, RMCM, RMCP LLC, and RMCP GP, by virtue of their direct or indirect control of RMP may be deemed to beneficially own some or all of the securities reported as being held by RMP. Each of the reporting persons hereunder disclaims beneficial ownership of the reported securities except to the extent of its or his pecuniary interest therein. This Form 4 shall not be deemed to be an admission that any reporting person hereunder is the beneficial owner of any of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $5.431to $5.550 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 purchased at each separate price within the ranges set forth in footnote (1) to this Form 4.
The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $5.485 to $5.560 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 purchased at each separate price within the ranges set forth in footnote (1) to this Form 4.