Form Type: 4

SEC EDGAR Link
Accession Number:0000813298-20-000043
Date:2020-06-11
Issuer: DESTINATION XL GROUP, INC. (DXLG)
Original Submission Date:

Reporting Person:

STRATTON PETER H JR.
C/O DESTINATION XL GROUP, INC.
555 TURNPIKE STREET CANTON, MA 02021

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
EMPLOYEE STOCK OPTION (RIGHT TO BUY) 0.53 2020-06-11 deemed execution date A 195,636 (a) 2021-06-11 2030-06-11 common stock 195,636 $0.53 195,636 direct
Footnotes
IDfootnote
f1 the non-qualified stock options represent the time-based portion of the 2020-2022 long-term incentive plan award to the reporting person. the options become exercisable in four equal installments on june 11, 2021, april 1, 2022, april 1, 2023 and april 1, 2024.
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