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LGL GROUP INC — Director's Dealing 2025
Apr 14, 2025
34734_dirs_2025-04-14_f1dd7c67-c31b-417d-b3e6-8ac2bfbf70d9.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: LGL GROUP INC (LGL)
CIK: 0000061004
Period of Report: 2025-04-11
Reporting Person: Miller Nathan G (Chief Operating Officer)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, par value $0.01 per share | 30588 | Direct |
| Common Stock, par value $0.01 per share | 996 | Indirect |
| Common Stock, par value $0.01 per share | 2283 | Indirect |
| Common Stock, par value $0.01 per share | 2750 | Indirect |
| Common Stock, par value $0.01 per share | 2880 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Common Stock Warrants (right to purchase) | $4.7500 | 2025-11-16 | Common Stock, par value $0.01 per share (33342) | Direct |
Footnotes
F1: In accordance with the Warrant Agreement, the Warrants become exercisable on the earlier of (i) November 16, 2025, the expiration date, and (ii) such date that the 30-day volume weighted average price per share ("VWAP") of the Common Stock is greater than or equal to $6.65. On March 4, 2025, the 30-day average VWAP was greater than or equal to $6.65 for 30 consecutive days. As such, the Warrants are currently exercisable.
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