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LGL GROUP INC — Director's Dealing 2015
Dec 16, 2015
34734_dirs_2015-12-16_4177f2bd-9d53-4295-8d91-ea932e98204e.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: LGL GROUP INC (LGL)
CIK: 0000061004
Period of Report: 2015-12-10
Reporting Person: GABELLI MARC (Director, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-12-10 | Common Stock | A | 2531 | — | Acquired | 23934 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-12-10 | Stock Option (right to buy) | $4.34 | A | 1266 | Acquired | 2020-12-10 | 1266 (1266) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 350902 | Indirect |
Footnotes
F1: These restricted stock /options were awarded to the Reporting Person pursuant to the Issuer's 2011 Incentive Plan.
F2: 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 by Venator Fund. Marc Gabelli is the President of Venator Global.
F3: These options vest as follows: 30% vest on the first anniversary of the grant date; 30% vest on the second anniversary of the grant date; and the remaining 40% vest on the third anniversary of the grant date.