SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Masciantonio Ronald James

(Last) (First) (Middle)
C/O DESTINATION MATERNITY CORPORATION
456 NORTH FIFTH STREET

(Street)
PHILADELPHIA PA 19123

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Destination Maternity Corp [ DEST ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP & CAO
3. Date of Earliest Transaction (Month/Day/Year)
11/21/2013
4. If Amendment, Date of Original Filed (Month/Day/Year)
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. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction 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 11/21/2013 M 493 A $3.515 12,316(1) D
Common Stock 11/21/2013 M 1,230 A $22.13 13,546(1) D
Common Stock 11/21/2013 M 912 A $14.51 14,458(1) D
Common Stock 11/21/2013 M 657 A $19.89 15,115(1) D
Common Stock 11/22/2013 S 3,292 D $30.85 11,823(1) D
Common Stock 11/22/2013 S 1,746 D $30.79 10,077(1) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction 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 (Month/Day/Year) 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: 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
Stock Options (Right to Buy) $3.515 11/21/2013 D 307 (2) 11/19/2018 Common Stock 307 (3) 493 D
Stock Options (Right to Buy) $3.515 11/21/2013 M 493 (2) 11/19/2018 Common Stock 493 $0 0 D
Stock Options (Right to Buy) $11.89 (4) 01/29/2020 Common Stock 12,000 12,000 D
Stock Options (Right to Buy) $22.13 11/21/2013 D 4,770 (5) 03/03/2021 Common Stock 4,770 (3) 10,230 D
Stock Options (Right to Buy) $22.13 11/21/2013 M 1,230 (5) 03/03/2021 Common Stock 1,230 $0 9,000 D
Stock Options (Right to Buy) $14.51 11/21/2013 D 1,529 (6) 11/18/2021 Common Stock 1,529 (3) 5,794 D
Stock Options (Right to Buy) $14.51 11/21/2013 M 912 (6) 11/18/2021 Common Stock 912 $0 4,882 D
Stock Options (Right to Buy) $19.89 11/21/2013 D 1,924 (7) 11/16/2022 Common Stock 1,924 (3) 8,401 D
Stock Options (Right to Buy) $19.89 11/21/2013 M 657 (7) 11/16/2022 Common Stock 657 $0 7,744 D
Explanation of Responses:
1. Includes 10,077 shares of unvested restricted stock, including 4,800 shares from the March 3, 2011 grant of 8,000 shares, which grants each vest in equal annual installments over a five (5) year period; 2,134 shares from the November 18, 2011 grant of 4,267 shares, which grant vests in annual installments over a four (4) year period beginning on November 18, 2012 as follows: 1,066 shares vested on November 18, 2012, 1,067 shares vested on November 18, 2013, and 1,067 shares vest on each of November 18, 2014, and November 18, 2015; and 3,143 shares from the November 16, 2012 grant of 4,190 shares, which shares vest in annual installments over a four (4) year period beginning on November 16, 2013 as follows: 1,047 shares vest on each of November 16, 2013 and November 16, 2015, and 1,048 shares vest on each of November 16, 2014 and November 16, 2016.
2. On November 19, 2008, options to purchase 4,000 shares were granted to the Reporting Person by the Issuer. The options are fully vested and exercisable.
3. The inherent value of the shares underlying these options being surrendered to the Issuer is being applied to pay the exercise price and applicable tax withholdings for the option exercise reported in the next line in this Table II.
4. On January 29, 2010, options to purchase 30,000 shares were granted to the Reporting Person by the Issuer. The options vest and are exercisable in five (5) equal annual installments beginning on January 29, 2011. All 12,000 of the remaining outstanding January 29, 2010 options are unvested.
5. On March 3, 2011, options to purchase 15,000 shares were granted to the Reporting Person by the Issuer. The options vest and are exercisable in five (5) equal annual installments beginning on March 3, 2012. All 9,000 of the remaining outstanding March 3, 2011 options are unvested.
6. On November 18, 2011, options to purchase 9,764 shares were granted to the Reporting Person by the Issuer. The options vest and are exercisable in four (4) equal annual installments beginning on November 18, 2012. All 4,882 of the remaining outstanding November 18, 2011 options are unvested.
7. On November 16, 2012, options to purchase 10,325 shares were granted to the Reporting Person by the Issuer. The options vest and are exercisable in four (4) annual installments beginning on November 16, 2013 as follows: 2,581 options vest on each of November 16, 2013, November 16, 2014, and November 16, 2015, and 2,582 options vest on November 16, 2016. All 7,744 of the remaining outstanding November 16, 2012 options are unvested.
Ronald J. Masciantonio 11/25/2013
** 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).
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