SEC Form 4 · accession 0000813298-17-000041
DESTINATION XL GROUP, INC. · DXLG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sahal S Laher
Officer — SVPChief Digital & InfoOfficer
Period of report
Apr 3, 2017
Accepted (ET)
Apr 5, 2017 · 8:36 am 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 3, 2017 | A | 52,192 | A | — | — | Common Stock | 52,192 | 52,192 | D |
Explanation of responses
- F1Each restricted stock unit as defined in the Company's 2016 Incentive Compensation Plan represents a contingent right to receive one share of DXLG common stock.
- F2The restricted stock units represent the time-based portion of the 2017-2018 Long-Term Incentive Plan award to the Reporting Person. The restricted stock units vest in two equal installments on April 1, 2019 and April 1, 2020.