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LGL GROUP INC Director's Dealing 2010

Jul 9, 2010

34734_dirs_2010-07-09_cc3182fa-cb69-4971-a22d-91499543b648.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: 2010-07-08

Reporting Person: GABELLI MARIO J (10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-07-08 Common Stock P 5000 $10.9936 Acquired 9600 Indirect
2010-07-08 Common Stock S 4600 $10.98 Disposed 19419 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 244261 Direct
Common Stock 96756 Indirect

Footnotes

F1: 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.

F2: 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.

F3: Includes 8,767 shares that are held in a 401(K) account.

F4: 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.