LGL GROUP INC — Director's Dealing 2017

Nov 17, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LGL GROUP INC (LGL)
CIK: 0000061004
Period of Report: 2017-11-15

Reporting Person: GABELLI MARC (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-11-15	Common Stock	X	42548	$5.5	Acquired	69789	Direct
2017-11-15	Common Stock	X	160695	$5.5	Acquired	511598	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-11-15	Subscription Rights	$5.5	X	170192	Disposed	2017-11-15	Common Stock (42548)	Direct
2017-11-15	Subscription Rights	$5.5	X	642780	Disposed	2017-11-15	Common Stock (160695)	Indirect

Footnotes

F1: This filing does not include the holdings by GGCP, Inc. of 713,325 shares of LGL Group, Inc., which have been included in the Form 4 filing of Mario J. Gabelli, dated November 16, 2017.

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 Fund.