DESTINATION XL GROUP, INC. 4
4 · DESTINATION XL GROUP, INC. · Filed Jun 20, 2013
Insider Transaction Report
Form 4
PORTER GEORGE T JR
Director
Transactions
- Exercise/Conversion
Common Stock, $0.01 par value
2013-06-19$6.01/sh+7,500$45,075→ 97,616 total - Exercise/Conversion
Non-Qualified Stock Option (Right to buy)
2013-06-19$6.01/sh+7,500$45,075→ 0 totalExercise: $6.01From: 2003-08-07Exp: 2013-08-07→ Common Stock (7,500 underlying) - Tax Payment
Common Stock, $0.01 par value
2013-06-19$6.15/sh−7,330$45,080→ 90,286 total
Footnotes (2)
- [F1]Represents shares withheld from shares otherwise issuable upon exercise of this option to pay the exercise price, based on the closing price of the issuer's common stock of $6.15 on the date immediately preceding the transaction date.
- [F2]One-third vested on date of grant and one-third vested on each of the first and second anniversary of grant date.