0001062993-22-020018.txt : 20220928
0001062993-22-020018.hdr.sgml : 20220928
20220928173623
ACCESSION NUMBER: 0001062993-22-020018
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220926
FILED AS OF DATE: 20220928
DATE AS OF CHANGE: 20220928
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Dhoot Ujjwal
CENTRAL INDEX KEY: 0001812939
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34219
FILM NUMBER: 221277180
MAIL ADDRESS:
STREET 1: C/O DESTINATION XL GROUP, INC.
STREET 2: 555 TURNPIKE STREET
CITY: CANTON
STATE: MA
ZIP: 02021
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: DESTINATION XL GROUP, INC.
CENTRAL INDEX KEY: 0000813298
STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-FAMILY CLOTHING STORES [5651]
IRS NUMBER: 042623104
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0128
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
4
1
form4.xml
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
X0306
4
2022-09-26
0000813298
DESTINATION XL GROUP, INC.
DXLG
0001812939
Dhoot Ujjwal
C/O DESTINATION XL GROUP, INC.
555 TURNPIKE STREET
CANTON
MA
02021
0
1
0
0
Chief Marketing Officer
Common Stock, $0.01 par value
2022-09-26
4
M
0
74292
0.53
A
148711
D
Common Stock, $0.01 par value
2022-09-26
4
M
0
18115
0.69
A
166826
D
Common Stock, $0.01 par value
2022-09-26
4
M
0
3449
0.75
A
170275
D
Common Stock, $0.01 par value
2022-09-27
4
S
0
34400
5.50
D
135875
D
Employee Stock Option (Right to Buy)
0.53
2022-09-26
4
M
0
74292
0
D
2021-06-11
2030-06-11
Common Stock
74292
74292
D
Employee Stock Option (Right to Buy)
0.69
2022-09-26
4
M
0
18115
0
D
2022-04-01
2031-03-08
Common Stock
18115
54346
D
Employee Stock Option (Right to Buy)
0.75
2022-09-26
4
M
0
3449
0
D
2022-03-09
2031-03-09
Common Stock
3449
6900
D
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.
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.
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.
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.
Robert S. Molloy, Attorney-in-Fact for Ujjwal Dhoot
2022-09-28