Form 4 for DXLG DESTINATION XL GROUP, INC.
Accepted 2022-10-18 00:00:00 ET · period of report 2022-10-17 · accession 0001062993-22-020907 · 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 | 2022-10-18 | 2022-10-17 | DXLG | KANTER HARVEY S | Pres, CEO, Dir | F - Tax | $5.60 | -225.2K | 633.3K | -26% | -$1.26M |
| DM | 2022-10-18 | 2022-10-17 | DXLG | KANTER HARVEY S | Pres, CEO, Dir | M - OptEx | $0.6069 | +490.4K | 823.1K | +147% | +$297.7K |
| DM | 2022-10-18 | 2022-10-17 | DXLG | KANTER HARVEY S | Pres, CEO, Dir | M - OptEx | $0.00 | -490.4K | 70.8K | -87% | $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 | 2022-10-17 | F | D | 225,226 | $5.60 | 633,276 | D | — | — | (F1) Represents shares withheld from shares otherwise issuable upon exercise of the options to cover the exercise price and withholding taxes, based on the closing price of the Issuer's common stock of $5.60 on the date immediately preceding the transaction date. |
| 2 | Common | Common Stock, $0.01 par value | 2022-10-17 | M | A | 35,422 | $0.75 | 858,502 | D | — | — | |
| 3 | Common | Common Stock, $0.01 par value | 2022-10-17 | M | A | 221,020 | $0.53 | 739,090 | D | — | — | |
| 4 | Common | Common Stock, $0.01 par value | 2022-10-17 | M | A | 150,000 | $0.64 | 518,070 | D | — | — | |
| 5 | Common | Common Stock, $0.01 par value | 2022-10-17 | M | A | 83,990 | $0.69 | 823,080 | D | — | — | |
| 6 | Derivative | Employee Stock Option (Right to Buy) | 2022-10-17 | M | D | 83,990 | $0.00 | 251,970 | D | $0.69 · 2022-04-01 to 2031-03-08 | 83,990 Common Stock | (F4) The Stock Options represent the time-based portion of the 2021-2023 Long-Term Incentive Plan award to the Reporting Person. The Stock Options are exercisable in four equal installments on April 1, 2022, April 1, 2023, April 1, 2024 and April 1, 2025. |
| 7 | Derivative | Employee Stock Option (Right to Buy) | 2022-10-17 | M | D | 221,020 | $0.00 | 442,040 | D | $0.53 · 2021-06-11 to 2030-06-11 | 221,020 Common Stock | (F3) The Stock Options represent the time-based portion of the 2020-2022 Long-Term Incentive Plan award to the Reporting Person. The Stock Options are exercisable in four equal installments on June 11, 2021, April 1, 2022, April 1, 2023 and April 1, 2024. |
| 8 | Derivative | Employee Stock Option (Right to Buy) | 2022-10-17 | M | D | 150,000 | $0.00 | 150,000 | D | $0.64 · 2021-06-10 to 2030-06-10 | 150,000 Common Stock | (F2) The non-qualified stock options ("Stock Options") vests in three equal installments. 150,000 Stock Options became exercisable on June 10, 2021 and 150,000 Stock Options became exercisable on April 1, 2022. 150,000 Stock Options will become exercisable on April 1, 2023. |
| 9 | Derivative | Employee Stock Option (Right to Buy) | 2022-10-17 | M | D | 35,422 | $0.00 | 70,843 | D | $0.75 · 2022-03-09 to 2031-03-09 | 35,422 Common Stock | (F5) The Stock Options represent a discretionary award to the Reporting Person pursuant to the Company's 2016 Incentive Compensation Plan. The Stock Options are exercisable in three equal installments on March 9, 2022, March 9, 2023 and March 9, 2024. |