SEC Form 4 · accession 0000813298-18-000048
DESTINATION XL GROUP, INC. · DXLG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John E Kyees
Director
Period of report
May 7, 2018
Accepted (ET)
May 9, 2018 · 2:53 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,F3 | $1.55 | May 7, 2018 | A | 10,099 | A | — | — | Common Stock | 10,099 | 10,099 | D |
Explanation of responses
- F1Deferred stock issued pursuant to the Director's elected form of compensation for quarterly annual retainer, lead independent director and chairperson fees.
- 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 Third Amended and Restated Non-Employee Director Compensation Plan.
- F3There is no set expiration date. Deferred Stock termination events are set forth in the Third Amended and Restated Non-Employee Director Compensation Plan.