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 *

PAUKER DARA
2. Issuer Name and Ticker or Trading Symbol

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

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Chief Operating Officer
(Last)          (First)          (Middle)

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

1/27/2023
(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

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
Non-Qualified Stock Option (Right to Buy) $7.43 1/27/2023  A   3276     (1)1/27/2033 Common Stock 3276 $0.00 3276 D  
Restricted Stock Units $0.00 1/27/2023  A   40376     (2)1/27/2033 Common Stock 40376 (4)$0.00 40376 D  
Restricted Stock Units $0.00 1/27/2023  A   8626     (3)1/27/2033 Common Stock 8626 (4)$0.00 8626 D  

Explanation of Responses:
(1) The Non-Qualified Stock Options ("Stock Options") represent the time-based portion of the 2021-2023 Long-Term Incentive Plan award to the Reporting Person. The Stock Options become exercisable in three equal installments on January 27, 2024, April 1, 2024 and April 1, 2025.
(2) These Restricted Stock Units ("RSUs") represent an inducement grant pursuant to the Company's 2016 Incentive Compensation Plan. The RSUs vest and become exercisable in three equal installments on January 27, 2024, January 27, 2025 and January 27, 2026.
(3) Represents RSUs for the time-based portion of the 2022-2024 Long-Term Incentive Plan award to the Reporting Person. The RSUs vest and become exercisable in four equal installments on January 27, 2024, April 1, 2024, April 1, 2025 and April 1, 2026.
(4) Each RSU, as defined in the Company's 2016 Incentive Compensation Plan, represents a contingent right to receive one share of DXLG common stock.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
PAUKER DARA
C/O DESTINATION XL GROUP, INC.
555 TURNPIKE STREET
CANTON, MA 02021


Chief Operating Officer

Signatures
Dara Pauker1/31/2023
**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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