Filing Details

Accession Number:
0001062993-21-000427
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-01-19 15:55:21
Reporting Period:
2021-01-14
Accepted Time:
2021-01-19 15:55:21
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
1374566 Willem Mesdag C/O Red Mountain Capital Management, Inc
1999 Avenue Of The Stars, Ste 1100
Los Angeles CA 90067
Yes No Yes No
1374588 Red Mountain Capital Partners Llc 1999 Avenue Of The Stars, Ste 1100
Suite 1100, Pmb#314
Los Angeles CA 90067
No No Yes No
1374603 Red Mountain Partners, L.p. 1999 Avenue Of The Stars, Ste 1100
Suite 1100, Pmb#314
Los Angeles CA 90067
No No Yes No
1374606 Rmcp Gp Llc 1999 Avenue Of The Stars, Ste 1100
Suite 1100, Pmb#314
Los Angeles CA 90067
No No Yes No
1374607 Red Mountain Capital Management Inc 1999 Avenue Of The Stars
Suite 1100, Pmb#314
Los Angeles CA 90067
No No Yes 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 2021-01-14 173,212 $0.37 8,599,789 No 4 P Indirect See Footnote
Common Stock, $0.01 Par Value Acquisiton 2021-01-15 126,788 $0.37 8,726,577 No 4 P Indirect See Footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect See Footnote
No 4 P Indirect See Footnote
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.37 to $0.38, 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.
  2. These shares of common stock were purchased by Red Mountain Capital Partners LLC ("RMCP LLC") on the open market on January 14, 2021. 7,522,354 of these shares are held directly by Red Mountain Partners, L.P. ("RMP") and the remaining 1,077,435 shares are held directly by RMCP LLC.
  3. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.3625 to $0.39, 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.
  4. These shares of common stock were purchased by Red Mountain Capital Partners LLC ("RMCP LLC") on the open market on January 15, 2021. 7,522,354 of these shares are held directly by Red Mountain Partners, L.P. ("RMP") and the remaining 1,204,223 shares are held directly by RMCP LLC.