DESTINATION XL GROUP, INC. 4
4 · DESTINATION XL GROUP, INC. · Filed Jan 26, 2017
Insider Transaction Report
Form 4
Luttrell Mary
SVP of Marketing
Transactions
- Award
Common Stock, $0.01 par value
2017-01-18+334→ 23,945 total - Award
Non-Qualified Stock Option (Right to Buy)
2017-01-18$3.55/sh+241$856→ 241 totalExercise: $3.55Exp: 2027-01-18→ Common Stock (241 underlying) - Award
Restricted Stock Units
2017-01-18+8,855→ 8,855 total→ Common Stock (8,855 underlying)
Footnotes (4)
- [F1]Represents a grant of restricted stock of which 50% of the shares vest over time and 50% of the shares vest upon achievement of certain performance criteria. The shares subject to time-based vesting vest on January 28, 2017.
- [F2]The option vests on January 28, 2017.
- [F3]Each restricted stock unit represents a contingent right to receive one share of DXLG common stock.
- [F4]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.