Molloy Robert S 4
4 · DESTINATION XL GROUP, INC. · Filed Feb 16, 2024
Insider Transaction Report
Form 4
Molloy Robert S
VP, General Counsel
Transactions
- Sale
Common Stock, $0.01 par value
2024-02-15$4.00/sh−20,000$80,006→ 240,409 total - Exercise/Conversion
Non-Qualified Stock Option (Right to Buy)
2024-02-15−20,000→ 125,731 totalExercise: $0.53From: 2021-06-11Exp: 2030-06-11→ Common Stock (20,000 underlying) - Exercise/Conversion
Common Stock, $0.01 par value
2024-02-15$0.53/sh+20,000$10,600→ 260,409 total
Footnotes (3)
- [F1]The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan that was adopted by the Reporting Person on June 30, 2023.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.00 to $4.005 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.
- [F3]Represents a grant of non-qualified stock options to the Reporting Person on June 11, 2020, under the Company's 2016 Incentive Compensation Plan.