SEC Form 4 · accession 0001209191-18-005020
LGL GROUP INC · LGL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Manjit Kalha
Director
Period of report
Dec 11, 2017
Accepted (ET)
Jan 24, 2018 · 8:14 am 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 Stock | holding | — | — | — | 8,599 | D |
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 | $6.09 | Dec 11, 2017 | A | 9,541 | A | — | Dec 11, 2022 | Common Stock | 9,541 | 9,541 | D |
Explanation of responses
- F1Stock options were awarded to the Reporting Person pursuant to the Issuer's Amended and Restated 2011 Incentive Plan. These 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.