LGL GROUP INC — Director's Dealing 2010

Apr 27, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LGL GROUP INC (LGL)
CIK: 0000061004
Period of Report: 2010-04-26

Reporting Person: GABELLI MARIO J (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-04-26	Common Stock	P	1800	$6.1611	Acquired	2400	Indirect
2010-04-27	Common Stock	P	200	$6.2	Acquired	2600	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	244261	Direct
Common Stock	96756	Indirect
Common Stock	24519	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: Includes 8,767 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 this entity in excess of his indirect pecuniary interest.

F4: 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 indirect pecuniary interest.