Marc Gabelli - 08 Dec 2023 Form 4 Insider Report for LGL GROUP INC (LGL)

Role
Co-Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Marc Gabelli
Issuer symbol
LGL
Transactions as of
08 Dec 2023
Net transactions value
$0
Form type
4
Filing time
12 Dec 2023, 15:30:03 UTC
Previous filing
28 Nov 2023
Next filing
25 Mar 2024
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 +2,874 +3.6% $0.000000 83,454 08 Dec 2023 Direct F1
holding LGL Common Stock 764,303 08 Dec 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 62,968 08 Dec 2023 Common Stock 12,593 $4.75 Direct
holding LGL Warrants 764,303 08 Dec 2023 Common Stock 152,860 $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.