DESTINATION XL GROUP, INC. 4
4 · DESTINATION XL GROUP, INC. · Filed Apr 15, 2016
Insider Transaction Report
Form 4
Ederle Kenneth
Vice President, GMM
Transactions
- Award
Restricted Stock Units
2016-04-14+26,453→ 26,453 total→ Common Stock (26,453 underlying)
Footnotes (2)
- [F1]Each restricted stock unit (deferred stock, as defined in the Company's 2006 Incentive Compensation Plan, as amended) represents a contingent right to receive one share of DXLG common stock.
- [F2]The restricted stock units represent the time-based portion of the 2016-2017 Long-Term Incentive Plan award to the Reporting Person. The restricted stock units vest in two equal installments on April 1, 2018 and April 1, 2019.