FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

TOWLE & CO
2. Issuer Name and Ticker or Trading Symbol

Destination Maternity Corp [ DEST ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      __ X __ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

1610 DES PERES RD, SUITE 250
3. Date of Earliest Transaction (MM/DD/YYYY)

8/15/2017
(Street)

ST. LOUIS, MO 63131
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   8/7/2017   8/10/2017   S    7700   D $1.4165   1905712   I   See Footnote   (1)
Common Stock   8/8/2017   8/11/2017   S    225125   D $1.3732   1680587   I   See Footnote   (1)
Common Stock   8/9/2017   8/14/2017   S    46650   D $1.4846   1633937   I   See Footnote   (1)
Common Stock   8/11/2017   8/16/2017   S    120366   D $1.4155   1513571   I   See Footnote   (1)
Common Stock   8/14/2017   8/17/2017   S    108911   D $1.3526   1404660   I   See Footnote   (1)
Common Stock   8/15/2017   8/18/2017   S    56407   D $1.3392   1348253   I   See Footnote   (1)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Explanation of Responses:
(1)  Towle & Co. is an SEC regulated investment advisor. The number of shares beneficially owned represent shares in client separately managed accounts, in which Towle & Co. has trading authority; two investment partnerships, in which Towle & Co. serves as general partner; and one 1940 Act Mutual Fund, in which Towle & Co. serves as advisor.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
TOWLE & CO
1610 DES PERES RD, SUITE 250
ST. LOUIS, MO 63131

X


Signatures
/s/ Christopher D. Towle 8/17/2017
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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