SEC Form 4 · accession 0000813298-18-000019
DESTINATION XL GROUP, INC. · DXLG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James S Davey
Officer — EVP, Chief Marketing Officer
Period of report
Mar 14, 2018
Accepted (ET)
Mar 16, 2018 · 2:15 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 valueF1 | Mar 14, 2018 | A | 30,000 | $0.00 | A | 30,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (Right to Buy)F2 | $2.50 | Mar 14, 2018 | A | 138,888 | A | Mar 14, 2019 | Mar 14, 2028 | Common Stock | 138,888 | 138,888 | D |
| Restricted Stock UnitsF3,F4 | $0.00 | Mar 14, 2018 | A | 30,608 | A | — | — | Common Stock | 30,608 | 30,608 | D |
Explanation of responses
- F1Represents a grant of restricted stock which vests in three equal installments on March 14, 2019, March 14, 2020 and March 14, 2021.
- F2The option vests in three equal installments on March 14, 2019, March 14, 2020 and March 14, 2021.
- F3Each restricted stock unit ("RSU"), as defined in the Company's 2016 Incentive Compensation Plan, represents a contingent right to receive one share of DXLG common stock.
- F4The restricted stock units represent the time-based portion of the 2017-2018 Long-Term Incentive Plan award to the Reporting Person. The RSUs vest in two equal installments on April 1, 2019 and April 1, 2020.