Filing Details
- Accession Number:
- 0001062993-22-019400
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-09-09 16:04:44
- Reporting Period:
- 2022-09-08
- Accepted Time:
- 2022-09-09 16:04:44
- 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 | Svp, Cao And Controller | 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 | 2022-09-08 | 16,000 | $0.53 | 94,559 | No | 4 | M | Direct | |
| Common Stock, $0.01 Par Value | Disposition | 2022-09-08 | 30,000 | $6.00 | 64,559 | 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 | 2022-09-08 | 16,000 | $0.00 | 16,000 | $0.53 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 63,430 | 2021-06-11 | 2030-06-11 | No | 4 | M | Direct |
Footnotes
- The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.00 to $6.02, 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 ranges set forth in footnote (2) to this Form 4
- The non-qualified stock options represent the time-based portion of the 2020-2022 Long-Term Incentive Plan award to the Reporting Person. The options vest in four equal installments. 23,858 became exercisable on each of June 11, 2021 and April 1, 2022, and 23,857 will become exercisable on each of April 1, 2023 and April 1, 2024.
Billionaire Hedge Funds
