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