LGL GROUP INC — Director's Dealing 2017

Nov 16, 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 MARIO J (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-11-15	Common Stock	X	283119	$5.5	Acquired	527280	Direct
2017-11-15	Common Stock	X	591425	$5.5	Acquired	713325	Indirect
2017-11-15	Common Stock	X	72567	$5.5	Acquired	169323	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-11-15	Subscription Rights	$5.5	X	732483	Disposed	2017-11-13	Common Stock (183121)	Direct
2017-11-15	Subscription Rights	$5.5	X	365700	Disposed	2017-11-13	Common Stock (91425)	Indirect
2017-11-15	Subscription Rights	$5.5	X	290268	Disposed	2017-11-13	Common Stock (72567)	Indirect

Footnotes

F1: These shares are owned by GGCP, Inc. ("GGCP"). Mr. Gabelli is deemed the beneficial owner of the shares owned by GGCP since he is the Chief Executive Officer, a director and the controlling shareholder of GGCP. Mr. Gabelli has less than a 100% interest in GGCP and disclaims beneficial ownership of the shares held by GGCP in excess of his pecuniary interest.

F2: These shares are owned by MJG-IV Limited Partnership ("MJG-IV"). Mr. Gabelli is deemed the beneficial owner of the shares owned by MJG-IV since he is the general partner. Mr. Gabelli has less than a 100% interest in MJG-IV and disclaims beneficial ownership of the shares held by MJG-IV in excess of his pecuniary interest.