UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 27, 2017
DESTINATION XL GROUP, INC.
(Exact name of Registrant as Specified in Its Charter)
|
Delaware |
01-34219 |
04-2623104 |
|
(State or Other Jurisdiction of Incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
|
|
|
|
|
555 Turnpike Street, Canton, Massachusetts |
|
02021 |
|
(Address of Principal Executive Offices) |
|
(Zip Code) |
Registrant’s Telephone Number, Including Area Code: (781) 828-9300
Not Applicable
(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 (see General Instructions A.2. below):
|
☐ |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|
☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
|
☐ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
|
☐ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
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 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(e)
Effective November 27, 2017, Destination XL Group, Inc. (the “Company”) promoted Brian S. Reaves, the Company’s Senior Vice President and Chief Sales Officer to Executive Vice President and Chief Customer Officer. In connection with the promotion, Mr. Reaves’ base salary was increased from $300,000 to $400,000.
Also effective November 27, 2017, the Company promoted Peter H. Stratton, Jr., the Company’s Senior Vice President, Chief Financial Officer and Treasurer to Executive Vice President, Chief Financial Officer and Treasurer. Mr. Stratton received no increase in his current base salary of $395,000.
Messrs. Stratton and Reaves will continue to participate in the Company’s incentive programs at their respective incentive program percentages.
2
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 hereunto duly authorized.
|
|
|
|
DESTINATION XL GROUP, INC. |
|
Date: |
November 30, 2017 |
By: |
/s/ Robert S. Molloy |
|
|
|
|
Robert S. Molloy |
|
|
|
|
Senior Vice President, General Counsel and Secretary |
|
|
|
|
|
3