LGL GROUP INC — Director's Dealing 2019

Nov 21, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LGL GROUP INC (LGL)
CIK: 0000061004
Period of Report: 2019-11-19

Reporting Person: GABELLI MARC (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-11-19	Common Stock	M	1558	$3.53	Acquired	60672	Direct
2019-11-19	Common Stock	M	1266	$4.34	Acquired	61938	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-11-19	Stock option (right to buy)	$3.53	M	1558	Disposed	2019-12-11	Common Stock (1558)	Direct
2019-11-19	Stock option (right to buy)	$4.34	M	1266	Disposed	2020-12-10	Common Stock (1266)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	764303	Indirect

Footnotes

F1: This filing does not include the holdings by GGCP, Inc. of 476,937 shares of LGL Group, Inc., which have been included in the Form 4 filing of Mario J. Gabelli, dated April 4, 2019.

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.

F3: These options were fully vested on 12/11/2017.

F4: These options were fully vested on 12/10/2018.