SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 22, 2021
DESTINATION XL GROUP, INC.
(Exact name of Registrant as Specified in Its Charter)
(State or Other Jurisdiction
(Commission File Number)
555 Turnpike Street
(Address of Principal Executive Offices)
Registrant’s Telephone Number, Including Area Code: 781 828-9300
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act:
Common Stock, par value $0.01 per share
The NASDAQ Stock Market LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01 Other Events.
Five executive officers (not including the CEO) of Destination XL Group, Inc. (the “Company”) have entered into 10b5-1 trading plans in accordance with Rule 10b5-1 promulgated under the Securities Exchange Act of 1934, as amended. Under Rule 10b5–1, directors, officers and other employees of public companies who are not in possession of material non–public information may adopt a pre–arranged plan or contract providing for the sale of their company’s securities under specified conditions and at specified times. The trading plans cover, in aggregate, less than 500,000 shares of the Company’s common stock, including shares that may be acquired upon exercise of stock options or upon vesting of restricted stock unit awards; however, some, none or all of the shares ultimately may be sold depending on the terms of the individual trading plans and the trading price of the Company’s common stock. The transactions executed in accordance with the trading plans will be disclosed publicly through one or more Form 4 filings with the Securities and Exchange Commission. The Company does not undertake any obligation to report 10b5-1 trading plans that may be adopted by any officers or directors in the future, or to report any modification or termination of any trading plan, whether or not the trading plan was publicly announced, except to the extent required by law.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
Destination XL Group, Inc.
October 22, 2021
/s/ Robert S. Molloy
General Counsel and Secretary