LGL GROUP INC — Director's Dealing 2008

Jan 23, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LGL GROUP INC ((LGL))
CIK: 0000061004
Period of Report: 2007-12-24

Reporting Person: Healy Jeremiah M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-12-24	Common Stock	D	3750	—	Disposed	6250	Direct
2008-01-22	Common Stock	A	1250	—	Acquired	7500	Direct

Footnotes

F1: The shares were unvested shares of common stock granted to Mr. Healy under the Company's 2001 Equity Incentive Plan, as amended (the ''Plan''). In accordance with the Plan, such shares were forfeited following the end of Mr. Healy's employment as President and Chief Executive Officer of the Company.

F2: Consists of 1,250 shares of restricted stock that vest as follows: 313 shares on March 31, 2008, 313 shares on June 30, 2008, 312 shares on September 30, 2008 and 312 shares on December 31, 2008.