SEC Form 4 · accession 0000813298-18-000083
DESTINATION XL GROUP, INC. · DXLG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian Reaves
Officer — EVP, Chief Customer Officer
Period of report
Aug 31, 2018
Accepted (ET)
Sep 5, 2018 · 12:29 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 | Aug 31, 2018 | M | 16,320 | — | A | 88,043 | D | |
| Common STock, $0.01 par valueF2 | Aug 31, 2018 | F | 4,807 | $2.90 | D | 83,236 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F1 | — | Aug 31, 2018 | M | 16,320 | D | — | — | Common Stock | 16,320 | 0 | D |
Explanation of responses
- F1Restricted stock units ("RSU") convert into common stock on a one-for-one basis.
- F2Represents shares withheld from shares otherwise issuable upon vesting of RSUs for payment of taxes.
- F3Represents RSUs for performance-based compensation granted to the Reporting Person on April 2, 2018, based on the Company's performance over the applicable performance period under the 2016-2017 Long-Term Incentive Plan.