Marc Gabelli - Dec 8, 2023 Form 4 Insider Report for LGL GROUP INC (LGL)

Role
Co-Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Marc Gabelli
Stock symbol
LGL
Transactions as of
Dec 8, 2023
Transactions value $
$0
Form type
4
Date filed
12/12/2023, 03:30 PM
Previous filing
Nov 28, 2023
Next filing
Mar 25, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LGL Common Stock Award $0 +2.87K +3.57% $0.00 83.5K Dec 8, 2023 Direct F1
holding LGL Common Stock 764K Dec 8, 2023 Shares held by a Ltd. Partnership 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 63K Dec 8, 2023 Common Stock 12.6K $4.75 Direct
holding LGL Warrants 764K Dec 8, 2023 Common Stock 153K $4.75 Shares held by a Ltd. Partnership F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares vest 3 years from the date of grant, on 12/8/2026.
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, isdeemed to have beneficial ownership of the securities owned by Venator Fund. Marc Gabelli is the President of Venator Fund.