DESTINATION XL GROUP, INC. 4
4 · DESTINATION XL GROUP, INC. · Filed Jan 31, 2017
Insider Transaction Report
Form 4
PORTER GEORGE T JR
Director
Transactions
- Award
Deferred Stock
2017-01-30$3.25/sh+3,932$12,779→ 3,932 totalExercise: $3.25→ Common Stock (3,932 underlying)
Footnotes (3)
- [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 economic 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.