SEC Form 4 · accession 0000813298-17-000083
DESTINATION XL GROUP, INC. · DXLG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jack Boyle
Director
Period of report
Aug 31, 2017
Accepted (ET)
Sep 5, 2017 · 3:04 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Director Stock Option (Right to Buy)F1,F2 | $1.85 | Aug 31, 2017 | A | 15,000 | A | Aug 31, 2017 | Aug 31, 2027 | Common Stock | 15,000 | 15,000 | D |
Explanation of responses
- F1Pursuant to the Issuer's Second Amended and Restated Non-Employee Director Compensation Plan (as amended), on August 31, 2017 the Issuer granted options to purchase 15,000 shares to Jack Boyle upon his election to the Board of Directors.
- F25,000 shares are currently exercisable and 5,000 shares will become exercisable on August 31, 2018 and 5,000 shares will become exercisable on August 31, 2019. .