Ownership Submission
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

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
MATTHIAS DAN W
  2. Issuer Name and Ticker or Trading Symbol
Destination Maternity Corp [DEST]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
C/O DESTINATION MATERNITY CORPORATION, 456 NORTH FIFTH STREET
3. Date of Earliest Transaction (Month/Day/Year)
11/18/2009
(Street)

PHILADELPHIA, PA 19123
4. If Amendment, Date 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
(City)
(State)
(Zip)
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 11/18/2009   M   20,342 A $ 9.5 43,764 D  
Common Stock 11/18/2009   M   5,840 A $ 7.7 49,604 D  
Common Stock 11/18/2009   M   9,802 A $ 12.86 59,406 D  
Common Stock 11/18/2009   M   7,794 A $ 10.01 67,200 D  
Common Stock 11/19/2009   S   1,100 D $ 20.5 66,100 D  
Common Stock 11/18/2009   M   23,706 A $ 9.5 40,754 I By Wife

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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. SEC 1474 (9-02)

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 Underlying Securities
(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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option (Right to Buy) $ 9.5 11/18/2009   D     39,658   (1) 10/02/2010 Common Stock 39,658 (5) 20,342 D  
Option (Right to Buy) $ 9.5 11/18/2009   M     20,342   (1) 10/02/2010 Common Stock 20,342 $ 0 0 D  
Option (Right to Buy) $ 7.7 11/18/2009   D     9,160   (2) 11/15/2011 Common Stock 9,160 (5) 5,840 D  
Option (Right to Buy) $ 7.7 11/18/2009   M     5,840   (2) 11/15/2011 Common Stock 5,840 $ 0 0 D  
Option (Right to Buy) $ 12.86 11/18/2009   D     30,198   (3) 11/24/2014 Common Stock 30,198 (5) 9,802 D  
Option (Right to Buy) $ 12.86 11/18/2009   M     9,802   (3) 11/24/2014 Common Stock 9,802 $ 0 0 D  
Option (Right to Buy) $ 10.01 11/18/2009   D     16,206   (4) 11/28/2015 Common Stock 16,206 (5) 7,794 D  
Option (Right to Buy) $ 10.01 11/18/2009   M     7,794   (4) 11/28/2015 Common Stock 7,794 $ 0 16,000 D  
Option (Right to Buy) $ 9.5 11/18/2009   D     36,294   (1) 10/02/2010 Common Stock 36,294 (5) 23,706 I By Wife
Option (Right to Buy) $ 9.5 11/18/2009   M     23,706   (1) 10/02/2010 Common Stock 23,706 $ 0 0 I By Wife

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
MATTHIAS DAN W
C/O DESTINATION MATERNITY CORPORATION
456 NORTH FIFTH STREET
PHILADELPHIA, PA 19123
  X      

Signatures

 Dan W. Matthias signed by Ronald J. Masciantonio under Power of Attorney   11/20/2009
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) The options were fully vested and exercisable on October 2, 2000.
(2) The options were fully vested and exercisable on November 15, 2001.
(3) The options were fully vested and exercisable on November 24, 2004.
(4) The options granted on November 28, 2005 vest and become exercisable in five (5) equal annual installments beginning on November 28, 2006.
(5) Inherent value of these options being surrendered to the Issuer is being applied to pay the exercise price for the option exercise reported in the next line in this Table II.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.