DESTINATION XL GROUP, INC. 4
4 · DESTINATION XL GROUP, INC. · Filed Jul 7, 2014
Insider Transaction Report
Form 4
PORTER GEORGE T JR
Director
Transactions
- Exercise/Conversion
Common Stock. $0.01 par value
2014-07-03$5.67/sh+7,500$42,525→ 97,786 total(indirect: By Trust) - Tax Payment
Common Stock, $0.01 par value
2014-07-03$5.77/sh−7,371$42,531→ 90,415 total(indirect: By Trust) - Exercise/Conversion
Director Stock Option (Right to Buy)
2014-07-03$5.67/sh−7,500$42,525→ 0 total(indirect: By Trust)Exercise: $5.67From: 2004-08-04Exp: 2014-08-04→ Common Stock (7,500 underlying)
Footnotes (4)
- [F1]The Securities are held by the George Porter Trust Dated December 13, 2006, and the Reporting Person is the trustee of the trust.
- [F2]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 $5.77 on the date immediately preceding the transaction date.
- [F3]One-third vested on the date of grant and one-third vested on each of the first and second anniversary of the grant date.
- [F4]The Director Stock Option is held by the George Porter Trust Dated December 13, 2006, and the Reporting Person is the trustee of the trust.