SEC Form 4 · accession 0000813298-17-000073

DESTINATION XL GROUP, INC. · DXLG

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Jul 31, 2017

Accepted (ET)

Aug 2, 2017 · 3:34 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000813298

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock, $0.01 par value	Jul 31, 2017	M	140	$0.00	A	7,172	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Deferred Stock^F1,F2,F3	$1.95	Jul 31, 2017	A	7,066	A	—	—	Common Stock	7,066	7,066	D
Deferred Stock^F4	$0.00	Jul 31, 2017	M	140	D	Jul 31, 2017	Jul 31, 2017	Common Stock	140	0	D

F1Deferred stock issued pursuant to the Director's elected form of compensation for: (i) participation in meetings of the Board of Directors and/or its committees; and (ii) quarterly annual retainer.
F2Each share of deferred stock is the economic 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 (as amended).
F3There is no set expiration date. Deferred Stock termination events are set forth in the Second Amended and Restated Non-Employee Director Compensation Plan (as amended).
F4Each share of deferred stock converted into one share of common stock on July 31, 2017, when the deferred stock vested. Upon vesting, the corresponding shares of common stock were distributed under the terms of the Second Amended and Restated Non-Employee Director Compensation Plan (as amended) and is reflected in Table 1.