0000921895-24-001026.txt : 20240503
0000921895-24-001026.hdr.sgml : 20240503
20240503183010
ACCESSION NUMBER: 0000921895-24-001026
CONFORMED SUBMISSION TYPE: 3
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240321
FILED AS OF DATE: 20240503
DATE AS OF CHANGE: 20240503
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Pleasant Lake Onshore Feeder Fund LP
CENTRAL INDEX KEY: 0001567434
ORGANIZATION NAME:
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 3
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34219
FILM NUMBER: 24914953
BUSINESS ADDRESS:
STREET 1: 100 CARR 115 UNIT 1900
CITY: RINCON
STATE: PR
ZIP: 00677
BUSINESS PHONE: 804-363-4458
MAIL ADDRESS:
STREET 1: 100 CARR 115 UNIT 1900
CITY: RINCON
STATE: PR
ZIP: 00677
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Fund 1 Investments, LLC
CENTRAL INDEX KEY: 0001959730
ORGANIZATION NAME:
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 3
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34219
FILM NUMBER: 24914954
BUSINESS ADDRESS:
STREET 1: 100 CARR 115
STREET 2: UNIT 1900
CITY: RINCON
STATE: PR
ZIP: 00677
BUSINESS PHONE: 804-363-4458
MAIL ADDRESS:
STREET 1: 100 CARR 115
STREET 2: UNIT 1900
CITY: RINCON
STATE: PR
ZIP: 00677
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Pleasant Lake Partners LLC
CENTRAL INDEX KEY: 0001580144
ORGANIZATION NAME:
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 3
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34219
FILM NUMBER: 24914952
BUSINESS ADDRESS:
STREET 1: 100 CARR 115 UNIT 1900
CITY: RINCON
STATE: PR
ZIP: 00677
BUSINESS PHONE: 212-554-0680
MAIL ADDRESS:
STREET 1: 100 CARR 115 UNIT 1900
CITY: RINCON
STATE: PR
ZIP: 00677
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: DESTINATION XL GROUP, INC.
CENTRAL INDEX KEY: 0000813298
STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-FAMILY CLOTHING STORES [5651]
ORGANIZATION NAME: 07 Trade & Services
IRS NUMBER: 042623104
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0203
BUSINESS ADDRESS:
STREET 1: 555 TURNPIKE STREET
CITY: CANTON
STATE: MA
ZIP: 02021
BUSINESS PHONE: 7818289300
MAIL ADDRESS:
STREET 1: 555 TURNPIKE STREET
CITY: CANTON
STATE: MA
ZIP: 02021
FORMER COMPANY:
FORMER CONFORMED NAME: CASUAL MALE RETAIL GROUP INC
DATE OF NAME CHANGE: 20020821
FORMER COMPANY:
FORMER CONFORMED NAME: DESIGNS INC
DATE OF NAME CHANGE: 19920703
3
1
form313866004_05032024.xml
OWNERSHIP DOCUMENT
X0206
3
2024-03-21
0
0000813298
DESTINATION XL GROUP, INC.
DXLG
0001959730
Fund 1 Investments, LLC
100 CARR 115
UNIT 1900
RINCON
PR
00677
PUERTO RICO
0
0
1
0
0001567434
Pleasant Lake Onshore Feeder Fund LP
100 CARR 115 UNIT 1900
RINCON
PR
00677
PUERTO RICO
0
0
1
0
0001580144
Pleasant Lake Partners LLC
100 CARR 115 UNIT 1900
RINCON
PR
00677
PUERTO RICO
0
0
1
0
Common Stock, par value $0.01 per share
5916577
I
See Footnotes
Common Stock, par value $0.01 per share
37713
I
See Footnotes
Cash-Settled Total Return Swap
2026-02-24
Common Stock, par value $0.01 per share
1176663
I
See Footnotes
Securities reported herein are held for the benefit of Pleasant Lake Onshore Feeder Fund, LP (the "PL Fund") and an additional private investment vehicle for which Pleasant Lake Partners LLC ("PLP") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein.
Securities held for the account of the PL Fund.
Securities held for the account of an unaffiliated private fund for which PLP serves as investment adviser.
PL Fund has entered into certain cash-settled total return swap agreeements (the "Swap Agreements") with an unaffiliated third party financial institution, which provides PL Fund with economic exposure to an aggregate of 1,176,663 nominal shares of Common Stock. The Swap Agreements provide PL Fund with economic results that are comparable to the economic results of ownership but do not provide PL Fund with the power to vote or direct the voting or dispose of or direct the disposition of the shares of Common Stock that are the subject of the Swaps Agreements (the "Subject Shares"). The Reporting Persons expressly disclaim beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein.
The expiration date of the Swap Agreements will be automatically extended for successive 12 month periods unless one party provides written notice to the other party, at least 30 calendar days prior to the first extension and at least 15 calendar days prior to any subsequent extension, not to so extend the expiration date.
/s/ Fund 1 Investments, LLC By: Benjamin C. Cable, Chief Operating Officer
2024-05-03
/s/ Pleasant Lake Onshore Feeder Fund, LP, by Pleasant Lake Partners LLC, its Investment Adviser, by Fund 1 Investments, LLC, its Managing Member By: Benjamin C. Cable, Chief Operating Officer
2024-05-03
/s/ Pleasant Lake Partners LLC, by Fund 1 Investments, LLC, its Managing Member By: Benjamin C. Cable, Chief Operating Officer
2024-05-03