Laher Sahal S 4
4 · DESTINATION XL GROUP, INC. · Filed Apr 4, 2018
Insider Transaction Report
Form 4
Laher Sahal S
SVPChief Digital & InfoOfficer
Transactions
- Award
Restricted Stock Units
2018-04-02+12,379→ 12,379 total→ Common Stock (12,379 underlying) - Tax Payment
Common Stock, $0.01 par value
2018-04-01$1.75/sh−3,446$6,031→ 41,955 total - Exercise/Conversion
Common Stock, $0.01 par value
2018-04-01+12,068→ 45,401 total - Exercise/Conversion
Restricted Stock Units
2018-04-01−12,068→ 12,068 total→ Common Stock (12,068 underlying)
Footnotes (4)
- [F1]Restricted stock units ("RSU") convert into common stock on a one-for-one basis.
- [F2]Represents shares withheld from shares otherwise issuable upon vesting of RSUs for payment of taxes.
- [F3]On January 30, 2017, the Reporting Person was granted, under the 2016-2017 Long-Term Incentive Plan, 24,136 RSUs, vesting in two equal installments on April 1, 2018 and April 1, 2019.
- [F4]Represents RSUs for performance-based compensation granted to the Reporting Person based on the Company's performance over the applicable performance period under the 2016-2017 Long-Term Incentive Plan. The RSUs vest on August 31, 2018.