Michael J. Ferrantino Jr - Dec 28, 2021 Form 4 Insider Report for LGL GROUP INC (LGL)

Role
Director
Signature
/s/ Michael Ferrantino
Stock symbol
LGL
Transactions as of
Dec 28, 2021
Transactions value $
-$51,717
Form type
4
Date filed
12/29/2021, 01:13 PM
Previous filing
Aug 30, 2021
Next filing
Apr 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LGL Common Stock Award $0 +45K +765.96% $0.00 50.9K Dec 28, 2021 Direct F1
transaction LGL Common Stock Disposed to Issuer -$51.7K -4.37K -8.59% $11.84 46.5K Dec 28, 2021 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding LGL Warrants 1.03K Dec 28, 2021 Common Stock 206 $12.50 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of 45,000 Restricted Shares 15,000 shares vest immediately upon grant, 15,000 vest on 4/1/2022, with the balance of 15,000 vesting on 4/1/2023.
F2 Represents shares forfeited to pay taxes.