SEC Form 4 · accession 0000813298-16-000067
DESTINATION XL GROUP, INC. · DXLG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John E Kyees
Director
Period of report
Feb 1, 2016
Accepted (ET)
Feb 3, 2016 · 3:16 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000813298
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred StockF1,F2,F3 | $4.63 | Feb 1, 2016 | A | 2,760 | A | Feb 1, 2019 | — | Common Stock | 2,760 | 2,760 | D |
Explanation of responses
- F1Deferred stock issued pursuant to the Director's elected form of compensation for quarterly annual retainer.
- F2Each share of deferred stock is the ecoomic equivalent of one share of common stock. The shares of deferred stock become payable in common stock, at the expiration of the 3-year deferral period as elected by the Reporting Person under the terms of the Second Amended and Restated Non-Employee Director Compensation Plan.
- F3There is no set expiration date. Deferred Stock termination events are set forth in the Second Amended and Restated Non-Employee Director Compensation Plan.