0000950123-15-003387.txt : 20150224 0000950123-15-003387.hdr.sgml : 20150224 20150217204535 ACCESSION NUMBER: 0000950123-15-003387 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20150217 DATE AS OF CHANGE: 20150223 GROUP MEMBERS: ADAM GRAY GROUP MEMBERS: CHRISTOPHER SHACKELTON GROUP MEMBERS: COLISEUM CAPITAL PARTNERS II, L.P. GROUP MEMBERS: COLISEUM CAPITAL PARTNERS, L.P. GROUP MEMBERS: COLISEUM CAPITAL, LLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: DESTINATION XL GROUP, INC. CENTRAL INDEX KEY: 0000813298 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-FAMILY CLOTHING STORES [5651] IRS NUMBER: 042623104 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-38923 FILM NUMBER: 15625636 BUSINESS ADDRESS: STREET 1: 555 TURNPIKE STREET CITY: CANTON STATE: MA ZIP: 02021 BUSINESS PHONE: 7818215900 MAIL ADDRESS: STREET 1: 555 TURNPIKE STREET CITY: CANTON STATE: MA ZIP: 02021 FORMER COMPANY: FORMER CONFORMED NAME: CASUAL MALE RETAIL GROUP INC DATE OF NAME CHANGE: 20020821 FORMER COMPANY: FORMER CONFORMED NAME: DESIGNS INC DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Coliseum Capital Management, LLC CENTRAL INDEX KEY: 0001409751 IRS NUMBER: 223918079 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: METRO CENTER STREET 2: 1 STATION PLACE, 7TH FLOOR SOUTH CITY: STAMFORD STATE: CT ZIP: 06902 BUSINESS PHONE: 203-883-0100 MAIL ADDRESS: STREET 1: METRO CENTER STREET 2: 1 STATION PLACE, 7TH FLOOR SOUTH CITY: STAMFORD STATE: CT ZIP: 06902 SC 13G/A 1 d874263dsc13ga.htm SC 13G/A SC 13G/A

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G/A

Under the Securities Exchange Act of 1934

(Amendment No. 3)*

 

 

Destination XL Group, Inc.

(Name of Issuer)

Common Stock, $0.01 par value

(Title of Class of Securities)

25065K104

(CUSIP Number)

March 31, 2014

(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

¨ Rule 13d-1(b)

x Rule 13d-1(c)

¨ Rule 13d-1(d)

 

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 


  1.   

Names of Reporting Persons

 

Coliseum Capital Management, LLC

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ¨        (b)  x

 

  3.  

SEC Use Only

 

  4.  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially 

Owned by

Each

Reporting

Person

With

    5.    

Sole Voting Power

 

0

    6.   

Shared Voting Power

 

0

    7.   

Sole Dispositive Power

 

0

    8.   

Shared Dispositive Power

 

0

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

0

10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  ¨

 

11.  

Percent of Class Represented by Amount in Row (9)

 

0.0%

12.  

Type of Reporting Person (See Instructions)

 

OO, IA

 

 

-2-


  1.   

Names of Reporting Persons

 

Coliseum Capital, LLC

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ¨        (b)  x

 

  3.  

SEC Use Only

 

  4.  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially 

Owned by

Each

Reporting

Person

With

    5.    

Sole Voting Power

 

0

    6.   

Shared Voting Power

 

0

    7.   

Sole Dispositive Power

 

0

    8.   

Shared Dispositive Power

 

0

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

0

10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  ¨

 

11.  

Percent of Class Represented by Amount in Row (9)

 

0.0%

12.  

Type of Reporting Person (See Instructions)

 

OO

 

 

-3-


  1.   

Names of Reporting Persons

 

Coliseum Capital Partners, L.P.

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ¨        (b)  x

 

  3.  

SEC Use Only

 

  4.  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially 

Owned by

Each

Reporting

Person

With

    5.    

Sole Voting Power

 

0

    6.   

Shared Voting Power

 

0

    7.   

Sole Dispositive Power

 

0

    8.   

Shared Dispositive Power

 

0

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

0

10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  ¨

 

11.  

Percent of Class Represented by Amount in Row (9)

 

0.0%

12.  

Type of Reporting Person (See Instructions)

 

PN

 

 

-4-


  1.   

Names of Reporting Persons

 

Coliseum Capital Partners II, L.P.

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ¨        (b)  x

 

  3.  

SEC Use Only

 

  4.  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially 

Owned by

Each

Reporting

Person

With

    5.    

Sole Voting Power

 

0

    6.   

Shared Voting Power

 

0

    7.   

Sole Dispositive Power

 

0

    8.   

Shared Dispositive Power

 

0

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

0

10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  ¨

 

11.  

Percent of Class Represented by Amount in Row (9)

 

0.0%

12.  

Type of Reporting Person (See Instructions)

 

PN

 

 

-5-


  1.   

Names of Reporting Persons

 

Adam Gray

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ¨        (b)  x

 

  3.  

SEC Use Only

 

  4.  

Citizenship or Place of Organization

 

United States

Number of

Shares

Beneficially 

Owned by

Each

Reporting

Person

With

    5.    

Sole Voting Power

 

0

    6.   

Shared Voting Power

 

0

    7.   

Sole Dispositive Power

 

0

    8.   

Shared Dispositive Power

 

0

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

0

10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  ¨

 

11.  

Percent of Class Represented by Amount in Row (9)

 

0.0%

12.  

Type of Reporting Person (See Instructions)

 

IN

 

 

-6-


  1. 

Names of Reporting Persons

 

Christopher Shackelton

  2.

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ¨        (b)  x

 

  3.

SEC Use Only

 

  4.

Citizenship or Place of Organization

 

United States

Number of

Shares

Beneficially 

Owned by

Each

Reporting

Person

With

 5. 

Sole Voting Power

 

0

 6.

Shared Voting Power

 

0

 7.

Sole Dispositive Power

 

0

 8.

Shared Dispositive Power

 

0

  9.

Aggregate Amount Beneficially Owned by Each Reporting Person

 

0

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  ¨

 

11.

Percent of Class Represented by Amount in Row (9)

 

0.0%

12.

Type of Reporting Person (See Instructions)

 

IN

 

 

-7-


Item 1.

 

  (a) Name of Issuer

Destination XL Group, Inc.

 

  (b) Address of Issuer’s Principal Executive Offices

555 Turnpike Street

Canton, MA 02021

 

Item 2.

 

  (a) Name of Person Filing

This Schedule 13G is being filed on behalf of Coliseum Capital Management, LLC (“CCM”), Coliseum Capital, LLC (“CC”), Coliseum Capital Partners, L.P. (“CCP”), Coliseum Capital Partners II, L.P. (“CCP2”), Adam Gray (“Gray”) and Christopher Shackelton (“Shackelton” and together with CCM, CC, CCP, CCP2 and Gray, the “Reporting Persons”).

 

  (b) Address of Principal Business office or, if None, Residence

The address of the principal business and office of the Reporting Persons is Metro Center, 1 Station Place, 7th Floor South, Stamford, CT 06902.

 

  (c) Citizenship

 

  (i) CCM is a Delaware limited liability company

 

  (ii) CC is a Delaware limited liability company

 

  (iii) CCP is a Delaware limited partnership

 

  (iv) CCP2 is a Delaware limited partnership

 

  (v) Gray is a United States citizen

 

  (vi) Shackelton is a United States citizen

 

  (d) Title of Class of Securities

Common Stock, Par Value $0.01 Per Share (the “Common Stock”)

 

  (e) CUSIP No.

25065K104

 

-8-


Item 3. If this statement is filed pursuant to §§ 240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a:

 

(a) ¨     Broker or dealer registered under section 15 of the Act (15 U.S.C. 78c).
(b) ¨     Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
(c) ¨     Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
(d) ¨     Investment company registered under section 8 of the Investment Company Act (15 U.S.C. 80a-8).
(e) ¨     An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E).
(f) ¨     An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(ii)(F).
(g) ¨     A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G).
(h) ¨     A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813).
(i) ¨     A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3).
(j) ¨     A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J).
(k) ¨     Group in accordance with § 240.13d-1(b)(ii)(J).

If filing as a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J), please specify the type of institution:            

 

Item 4. Ownership.

The information relating to the beneficial ownership of Common Stock by each of the Reporting Persons set forth in Rows 5 through 9 and Row 11 of the cover pages hereto is incorporated herein by reference.

 

Item 5. Ownership of Five Percent or Less of a Class.

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class securities, check the following  x

 

Item 6. Ownership of More than Five Percent on Behalf of Another Person.

Not applicable.

 

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person.

Not applicable.

 

-9-


Item 8. Identification and Classification of Members of the Group.

Not applicable.

 

Item 9. Notice of Dissolution of Group.

Not applicable.

 

Item 10. Certifications.

By signing below, I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

 

-10-


SIGNATURES

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated: February 17, 2015

 

COLISEUM CAPITAL MANAGEMENT, LLC COLISEUM CAPITAL PARTNERS II, L.P.
By: Coliseum Capital, LLC, General Partner
By:

 /s/ Christopher Shackelton

By:

 /s/ Adam Gray

Christopher Shackelton, Manager Adam Gray, Manager
COLISEUM CAPITAL, LLC ADAM GRAY
By

 /s/ Adam Gray

 /s/ Adam Gray

Adam Gray, Manager Adam Gray
COLISEUM CAPITAL PARTNERS, L.P. CHRISTOPHER SHACKELTON
By: Coliseum Capital, LLC, General Partner
By:

 /s/ Adam Gray

 /s/ Christopher Shackelton

Adam Gray, Manager Christopher Shackelton

 

-11-


EXHIBITS

 

1. Joint Filing Agreement Pursuant to Rule 13d-1, dated February 17, 2015
EX-99.A 2 d874263dex99a.htm EX-99.A EX-99.A

Exhibit A

Joint Filing Agreement Pursuant to Rule 13d-1

This agreement is made pursuant to Rule 13d-l(k)(1) under the Securities and Exchange Act of 1934, as amended (the “Act”) by and among the parties listed below, each referenced to herein as a “Joint Filer.” The Joint Filers agree that a statement of beneficial ownership as required by Sections 13(g) or 13(d) of the Act and the Rules thereunder may be filed on each of their behalf on Schedule 13G or Schedule 13D, as appropriate, and that said joint filing may thereafter be amended by further joint filings. The Joint Filers state that they each satisfy the requirements for making a joint filing under Rule 13d-1.

Dated: February 17, 2015

 

COLISEUM CAPITAL MANAGEMENT, LLC COLISEUM CAPITAL PARTNERS II, L.P.
By: Coliseum Capital, LLC, General Partner
By:

 /s/ Christopher Shackelton

By:

 /s/ Adam Gray

Christopher Shackelton, Manager Adam Gray, Manager
COLISEUM CAPITAL, LLC ADAM GRAY
By

 /s/ Adam Gray

 /s/ Adam Gray

Adam Gray, Manager Adam Gray
COLISEUM CAPITAL PARTNERS, L.P. CHRISTOPHER SHACKELTON
By: Coliseum Capital, LLC, General Partner
By:

 /s/ Adam Gray

 /s/ Christopher Shackelton

Adam Gray, Manager Christopher Shackelton