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 *

KANTER HARVEY S
2. Issuer Name and Ticker or Trading Symbol

DESTINATION XL GROUP, INC. [ DXLG ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
President and CEO
(Last)          (First)          (Middle)

C/O DESTINATION XL GROUP, INC., 555 TURNPIKE STREET
3. Date of Earliest Transaction (MM/DD/YYYY)

10/17/2022
(Street)

CANTON, MA 02021
(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, $0.01 par value 10/17/2022  M  150000 A$0.64 518070 D  
Common Stock, $0.01 par value 10/17/2022  M  221020 A$0.53 739090 D  
Common Stock, $0.01 par value 10/17/2022  M  83990 A$0.69 823080 D  
Common Stock, $0.01 par value 10/17/2022  M  35422 A$0.75 858502 D  
Common Stock, $0.01 par value 10/17/2022  F  225226 (1)D$5.60 633276 D  

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 Security3. Trans. Date3A. Deemed Execution Date, if any4. 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 Date7. 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Employee Stock Option (Right to Buy) $0.64 10/17/2022  M     150000  6/10/2021 (2)6/10/2030 Common Stock 150000 $0 150000 D  
Employee Stock Option (Right to Buy) $0.53 10/17/2022  M     221020  6/11/2021 (3)6/11/2030 Common Stock 221020 $0 442040 D  
Employee Stock Option (Right to Buy) $0.69 10/17/2022  M     83990  4/1/2022 (4)3/8/2031 Common Stock 83990 $0 251970 D  
Employee Stock Option (Right to Buy) $0.75 10/17/2022  M     35422  3/9/2022 (5)3/9/2031 Common Stock 35422 $0 70843 D  

Explanation of Responses:
(1) Represents shares withheld from shares otherwise issuable upon exercise of the options to cover the exercise price and withholding taxes, based on the closing price of the Issuer's common stock of $5.60 on the date immediately preceding the transaction date.
(2) The non-qualified stock options ("Stock Options") vests in three equal installments. 150,000 Stock Options became exercisable on June 10, 2021 and 150,000 Stock Options became exercisable on April 1, 2022. 150,000 Stock Options will become exercisable on April 1, 2023.
(3) The Stock Options represent the time-based portion of the 2020-2022 Long-Term Incentive Plan award to the Reporting Person. The Stock Options are exercisable in four equal installments on June 11, 2021, April 1, 2022, April 1, 2023 and April 1, 2024.
(4) The Stock Options represent the time-based portion of the 2021-2023 Long-Term Incentive Plan award to the Reporting Person. The Stock Options are exercisable in four equal installments on April 1, 2022, April 1, 2023, April 1, 2024 and April 1, 2025.
(5) The Stock Options represent a discretionary award to the Reporting Person pursuant to the Company's 2016 Incentive Compensation Plan. The Stock Options are exercisable in three equal installments on March 9, 2022, March 9, 2023 and March 9, 2024.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
KANTER HARVEY S
C/O DESTINATION XL GROUP, INC.
555 TURNPIKE STREET
CANTON, MA 02021
X
President and CEO

Signatures
Harvey S. Kanter10/18/2022
**Signature of Reporting PersonDate


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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