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Mesdag Willem's Form 4 filing

Destination XL Group, Inc. (DXLG) · filed Sep 16, 2021

Accession no.
0001062993-21-008682
Filed
Sep 16, 2021, 5:22 PM ET
Trade date
Sep 14-15, 2021
Filing delay
2 days
Rule 10b5-1 plan
Not on the form (before 2023)

This filing lists 2 non-derivative transactions. Open-market sales total $33.5M. It was filed 2 days after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Mesdag WillemCIK 0001374566Director
Red Mountain Capital Partners LLCCIK 0001374588Other: See remarks
Red Mountain Partners, L.P.CIK 0001374603Other: See remarks
RMCP GP LLCCIK 0001374606Other: See remarks
Red Mountain Capital Management IncCIK 0001374607Other: See remarks

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Sep 14, 2021Common Stock, $0.01 par valueSSaleDisposed−5,733,076$5.83F1−$33,450,778.543,058,961Indirect
Sep 15, 2021Common Stock, $0.01 par valueJOtherDisposed−528,409$0.00F3$02,530,552Indirect

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F1

Represents the $6.10 public offering price less the underwriting discount for shares sold pursuant to an underwriting agreement dated September 9, 2021.

Referenced by the price of 1 transaction in Table I.

F3

On September 15, 2021, RMP made a distribution in-kind for no consideration to its equity holders.

Referenced by the price of 1 transaction in Table I.

Remarks

Each of the reporting persons hereunder disclaims beneficial ownership of the reported securities except to the extent of its or his pecuniary interest therein. This Form 4 shall not be deemed to be an admission that any reporting person hereunder is the beneficial owner of any of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. This filing constitutes an exit filing for the reporting persons other than Mr. Mesdag as the reporting persons (other than Mr. Mesdag) are no longer subject to Section 16 of the Exchange Act as a result of the transactions reported herein.

Read the full filing on SEC EDGAR (opens in a new tab)