SEC Form 4 · accession 0000813298-18-000100
DESTINATION XL GROUP, INC. · DXLG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian Reaves
Officer — EVP,COO,Chief Customer Officer
Period of report
Oct 24, 2018
Accepted (ET)
Oct 30, 2018 · 4:03 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Oct 24, 2018 | A | 59,931 | A | — | — | Common Stock | 59,931 | 59,931 | D |
Explanation of responses
- F1Each restricted stock unit ("RSUs"), as defined in the Company's 2016 Incentive Compensation Plan, represents a contingent right to receive one share of DXLG common stock.
- F2The RSUs represent the time-based portion of the 2018-2020 Long-Term Incentive Plan award to the Reporting Person. The RSUs vest in four equal installments on October 24, 2019, April 1, 2020, April 1, 2021 and April 1, 2022.