SEC Form 4 · accession 0001140361-15-014523
LGL GROUP INC · LGL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patti A Smith
Officer — Principal Accounting Officer
Period of report
Mar 12, 2015
Accepted (ET)
Apr 6, 2015 · 4:31 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000061004
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F1 | $4.15 | Mar 12, 2015 | A | 5,000 | A | — | Mar 12, 2020 | Common Stock | 5,000 | 5,000 | D |
Explanation of responses
- F1These options will vest as follows: 30% will vest on the first anniversary of the grant date; 30% will vest on the second anniversary of the grant date; and the remaining 40% will vest on the third anniversary of the grant date.