DESTINATION XL GROUP, INC. 4
4 · DESTINATION XL GROUP, INC. · Filed Aug 2, 2016
Insider Transaction Report
Form 4
PORTER GEORGE T JR
Director
Transactions
- Award
Deferred Stock
2016-07-29$5.15/sh+2,481$12,777→ 2,481 total(indirect: By Trust)Exercise: $5.15→ Common Stock (2,481 underlying)
Footnotes (4)
- [F1]Deferred stock issued pursuant to the Director's elected form of compensation for quarterly annual retainer.
- [F2]Each share of deferred stock is the ecoomic equivalent of one share of common stock. The shares of deferred stock become payable in common stock at the separation from service deferral period as elected by the Reporting Person under the terms of the Second Amended and Restated Non-Employee Director Compensation Plan.
- [F3]There is no set expiration date. Deferred Stock termination events are set forth in the Amended and Restated Non-Employee Director Compensation Plan.
- [F4]The Securities are held by the George Porter Trust Dated December 13, 2006, and the Reporting Person is the trustee of the trust.