SEC Form 4 · accession 0000813298-16-000086
DESTINATION XL GROUP, INC. · DXLG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian Reaves
Officer — SVP Stores Sales & Operations
Period of report
Apr 14, 2016
Accepted (ET)
Apr 18, 2016 · 12:05 pm EDT
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Apr 14, 2016 | A | 20,348 | A | — | — | Common Stock | 20,348 | 20,348 | D |
Explanation of responses
- F1Each restricted stock unit (deferred stock, as defined in the Company's 2006 Incentive Compensation Plan, as amended) represents a contingent right to receive one share of DXLG common stock.
- F2The restricted stock units represent the time-based portion of the 2016-2017 Long-Term Incentive Plan award to the Reporting Person. The restricted stock units vest in two equal installments on April 1, 2018 and April 1, 2019.