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

Role
Director
Signature
/s/ Michael Ferrantino
Issuer symbol
LGL
Transactions as of
28 Dec 2021
Net transactions value
-$51,717
Form type
4
Filing time
29 Dec 2021, 13:13:10 UTC
Previous filing
30 Aug 2021
Next filing
05 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LGL Common Stock Award $0 +45,000 +766% $0.000000 50,875 28 Dec 2021 Direct F1
transaction LGL Common Stock Disposed to Issuer $51,717 -4,368 -8.6% $11.84 46,507 28 Dec 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 1,030 28 Dec 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.