SEC Form 4 · accession 0000807249-18-000241
LGL GROUP INC · LGL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mario J Gabelli
10% Owner
Period of report
Dec 24, 2018
Accepted (ET)
Dec 27, 2018 · 4:03 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000061004
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 24, 2018 | S | 42,000 | $5.95 | D | 479,471 | D | |
| Common StockF2 | holding | — | — | — | 476,937 | I | By: GGCP, Inc. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Any short-swing "profit" under Section 16(b) of the Securities Exchange Act of 1934 will be disgorged and paid to the Issuer.
- F2These shares are owned by GGCP, Inc. ("GGCP"). Mr. Gabelli is deemed the beneficial owner of the shares owned by GGCP since he is the Chief Executive Officer, a director and the controlling shareholder of GGCP. Mr. Gabelli has less than a 100% interest in GGCP and disclaims beneficial ownership of the shares held by GGCP in excess of his pecuniary interest.