Form 4 for DXLG DESTINATION XL GROUP, INC.
Accepted 2021-10-18 00:00:00 ET · period of report 2021-10-15 · accession 0001062993-21-009689 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2021-10-18 | 2021-10-15 | DXLG | KANTER HARVEY S | Pres, CEO, Dir | M - OptEx | $0.5745 | +371.0K | 841.9K | +79% | +$213.1K |
| D | 2021-10-18 | 2021-10-15 | DXLG | KANTER HARVEY S | Pres, CEO, Dir | F - Tax | $5.91 | -131.8K | 710.1K | -16% | -$779.0K |
| DM | 2021-10-18 | 2021-10-15 | DXLG | KANTER HARVEY S | Pres, CEO, Dir | M - OptEx | $0.00 | -371.0K | 663.1K | -36% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, $0.01 par value | 2021-10-15 | M | A | 150,000 | $0.64 | 620,898 | D | — | — | |
| 2 | Common | Common Stock, $0.01 par value | 2021-10-15 | F | D | 131,805 | $5.91 | 710,113 | D | — | — | (F1) Represents shares withheld from shares otherwise issuable upon exercise of the options to cover estimated withholding taxes, based on the closing price of the Issuer's common stock of $5.91 on the date immediately preceding the transaction date. |
| 3 | Common | Common Stock, $0.01 par value | 2021-10-15 | M | A | 221,020 | $0.53 | 841,918 | D | — | — | |
| 4 | Derivative | Employee Stock Option (Right to Buy) | 2021-10-15 | M | D | 150,000 | $0.00 | 300,000 | D | $0.64 · 2021-06-10 to 2030-06-10 | 150,000 Common Stock | (F2) The option vests in three equal installments. 150,000 options became exercisable on June 10, 2021. 150,000 options will become exercisable April 1, 2022 and 150,000 options will become exercisable on April 1, 2023. |
| 5 | Derivative | Employee Stock Option (Right to Buy) | 2021-10-15 | M | D | 221,020 | $0.00 | 663,060 | D | $0.53 · 2021-06-11 to 2030-06-11 | 221,020 Common Stock | (F3) The non-qualified stock options represent the time-based portion of the 2020-2021 Long-Term Incentive Plan award to the Reporting Person. The option vests in four equal installments. 221,020 options became exercisable on June 11, 2021. 221,020 options will become exercisable on April 1, 2022, 221,020 options will become exercisable on April 1, 2023 and 221,020 options will become exercisable on April 1, 2023. |