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LGL GROUP INC Director's Dealing 2010

Aug 27, 2010

34734_dirs_2010-08-27_b09d5a03-4cb9-4d5a-af15-464250bf6ea5.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: 2010-08-20

Reporting Person: GABELLI MARC (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-08-20 Common Stock G 151000 Disposed 355879 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 12475 Direct

Footnotes

F1: These shares are beneficially owned by Venator Merchant Fund, L.P. (''Venator Fund'') and Venator Global, LLC (''Venator Global''). Venator Global, which is the sole general partner of Venator Fund, is deemed to have beneficial ownership of the securities owned beneficially by Venator Fund. Marc Gabelli is the President of Venator Global. Mr. Gabelli hereby disclaims beneficial ownership of the shares owned by Venator Fund and Venator Global, except to the extent of his pecuniary interest therein.