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LGL GROUP INC Director's Dealing 2010

Sep 14, 2010

34734_dirs_2010-09-14_67a1b6e3-e820-49d4-9f13-1da78c0044e3.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LGL GROUP INC (LGL)
CIK: 0000061004
Period of Report: 2010-09-14

Reporting Person: GABELLI MARIO J (10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-09-14 Common Stock S 3400 $22.0899 Disposed 0 Indirect
2010-09-14 Common Stock S 1500 $22.4796 Disposed 242761 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 96756 Indirect
Common Stock 9600 Indirect

Footnotes

F1: These shares are owned by LICT Corporation. Mr. Gabelli has less than a 100% interest in this entity. Mr. Gabelli hereby disclaims beneficial ownership of the shares held by this entity in excess of his pecuniary interest.

F2: Includes 7,267 shares that are held in a 401(K) account.

F3: These shares are owned by MJG IV Limited Partnership. Mr. Gabelli has less than a 100% interest in this entity. Mr. Gabelli hereby disclaims beneficial ownership of the shares held by the entity in excess of his indirect pecuniary interest.

F4: These shares are owned by GGCP, Inc. Mr. Gabelli has less than a 100% interest in this entity. Mr. Gabelli hereby disclaims beneficial ownership of the shares held by this entity in excess of his indirect pecuniary interest.