RED MOUNTAIN CAPITAL PARTNERS LLC 4
4 · DESTINATION XL GROUP, INC. · Filed May 5, 2021
Insider Transaction Report
Form 4
MESDAG WILLEM
Director10% Owner
Transactions
- Other
Common Stock, $0.01 par value
2021-05-03$1.55/sh+20,161$31,250→ 8,785,800 total(indirect: See Footnote)
Footnotes (2)
- [F1]Shares issued pursuant to the Director's elected form of compensation for quarterly annual retainer and committee chairperson fee under the exemption afforded by Rule 16b-3 of the Securities Exchange Act of 1934, as amended.
- [F2]7,522,354 of these shares are held directly by Red Mountain Partners, L.P. ("RMP") and the remaining 1,263,446 shares are held directly by Red Mountain Capital Partners LLC ("RMCP LLC"). This Form 4 is jointly filed by (i) RMP, (ii) RMCP GP LLC ("RMCP GP"), (iii) RMCP LLC, (iv) Red Mountain Capital Management, Inc. ("RMCM"), and (v) Mr. Mesdag. RMCP GP is the general partner of RMP. RMCP LLC is the managing member of RMCP GP. RMCM is the managing member of RMCP LLC. Mr. Mesdag is the president, sole executive officer, sole director and sole shareholder of RMCM. Each of Mr. Mesdag, RMCM, RMCP LLC, and RMCP GP, by virtue of their direct or indirect control of RMP, may be deemed to beneficially own some or all of the securities reported as being held by RMP. Each of Mr. Mesdag and RMCM, by virtue of their direct or indirect control of RMCP LLC, may be deemed to beneficially own some or all of the securities reported as being held by RMCP LLC.