Form 4 for DXLG DESTINATION XL GROUP, INC.
Accepted 2022-09-28 00:00:00 ET · period of report 2022-09-26 · accession 0001062993-22-020018 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-09-28 | 2022-09-27 | DXLG | Dhoot Ujjwal | CMO | S - Sale+OE | $5.50 | -34.4K | 135.9K | -20% | -$189.2K |
| DM | 2022-09-28 | 2022-09-26 | DXLG | Dhoot Ujjwal | CMO | M - OptEx | $0.5682 | +95.9K | 166.8K | +135% | +$54.5K |
| DM | 2022-09-28 | 2022-09-26 | DXLG | Dhoot Ujjwal | CMO | M - OptEx | $0.00 | -95.9K | 54.3K | -64% | $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 | 2022-09-27 | S | D | 34,400 | $5.50 | 135,875 | D | — | — | (F1) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.30 to $5.68, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4. |
| 2 | Common | Common Stock, $0.01 par value | 2022-09-26 | M | A | 74,292 | $0.53 | 148,711 | D | — | — | |
| 3 | Common | Common Stock, $0.01 par value | 2022-09-26 | M | A | 3,449 | $0.75 | 170,275 | D | — | — | |
| 4 | Common | Common Stock, $0.01 par value | 2022-09-26 | M | A | 18,115 | $0.69 | 166,826 | D | — | — | |
| 5 | Derivative | Employee Stock Option (Right to Buy) | 2022-09-26 | M | D | 3,449 | $0.00 | 6,900 | D | $0.75 · 2022-03-09 to 2031-03-09 | 3,449 Common Stock | (F4) The non-qualified stock options represent a discretionary award to the Reporting Person pursuant to the Company's 2016 Incentive Compensation Plan. The options vest in three equal installments on March 9, 2022, March 9, 2023 and March 9, 2024. The unvested stock options are expected to be forfeited as a result of Mr. Dhoot's expected separation of service with the Company on October 11, 2022. |
| 6 | Derivative | Employee Stock Option (Right to Buy) | 2022-09-26 | M | D | 74,292 | $0.00 | 74,292 | D | $0.53 · 2021-06-11 to 2030-06-11 | 74,292 Common Stock | (F2) The non-qualified stock options represent the time-based portion of the 2020-2022 Long-Term Incentive Plan award to the Reporting Person. The options vest in four equal installments on June 11, 2021, April 1, 2022, April 1, 2023 and April 1, 2024. The unvested stock options are expected to be forfeited as a result of Mr. Dhoot's expected separation of service with the Company on October 11, 2022. |
| 7 | Derivative | Employee Stock Option (Right to Buy) | 2022-09-26 | M | D | 18,115 | $0.00 | 54,346 | D | $0.69 · 2022-04-01 to 2031-03-08 | 18,115 Common Stock | (F3) The non-qualified stock options represent the time-based portion of the 2021-2023 Long-Term Incentive Plan award to the Reporting Person. The options vest in four equal installments on April 1, 2022, April 1, 2023, April 1, 2024 and April 1, 2025. The unvested stock options are expected to be forfeited as a result of Mr. Dhoot's expected separation of service with the Company on October 11, 2022. |