Filing Details
- Accession Number:
- 0001062993-23-000879
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-01-12 16:03:06
- Reporting Period:
- 2023-01-11
- Accepted Time:
- 2023-01-12 16:03:06
- 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 |
|---|---|---|---|---|---|---|---|
| 1846467 | Stacey Jones | C/O Destination Xl Group, Inc. 555 Turnpike Street Canton MA 02021 | Chief Human Resources Officer | 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 | 2023-01-11 | 16,304 | $5.04 | 104,837 | No | 4 | M | Direct | |
| Common Stock, $0.01 Par Value | Acquisiton | 2023-01-11 | 20,447 | $0.53 | 125,284 | No | 4 | M | Direct | |
| Common Stock, $0.01 Par Value | Disposition | 2023-01-11 | 36,751 | $7.02 | 88,533 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| 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 | Non-Qualified Stock Option (Right to Buy) | Disposition | 2023-01-11 | 16,304 | $0.00 | 16,304 | $0.00 |
| Common Stock | Non-Qualified Stock Option (Right to Buy) | Disposition | 2023-01-11 | 20,447 | $0.00 | 20,447 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2015-01-31 | 2023-05-28 | No | 4 | M | Direct |
| 61,341 | 2021-06-11 | 2030-06-11 | No | 4 | M | Direct |
Footnotes
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.00 to $7.075, 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 (1) to this Form 4.
- Represents a grant of non-qualified stock options ("Stock Options") to the Reporting Person on May 28, 2013 under the 2013-2016 Long-Term Incentive Plan. The shares subject to time-based vesting became fully vested January 28, 2017.
- Represents a grant of Stock Options to the Reporting Person on June 11, 2020 under the 2020-2022 Long-Term Incentive Plan. 20,447 Stock Options became exercisable on each of June 11, 2021 and April 1, 2022, and 20,447 Stock Options will become exercisable on each of April 1, 2023 and April 1, 2024.
Billionaire Hedge Funds
