SEC Form 4 · accession 0000813298-16-000096
DESTINATION XL GROUP, INC. · DXLG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George T Porter Jr.
Director
Period of report
May 2, 2016
Accepted (ET)
May 4, 2016 · 5:00 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred StockF1,F2,F4,F3 | $5.44 | May 2, 2016 | A | 2,349 | A | — | — | Common Stock | 2,349 | 2,349 | I |
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 separation from service 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 Amended and Restated Non-Employee Director Compensation Plan.
- F4The Securities are held by the George Porter Trust Dated December 13, 2006, and the Reporting Person is the trustee of the trust.