MARC GABELLI - 25 Mar 2025 Form 4 Insider Report for LGL GROUP INC (LGL)

Role: Director, 10%+ Owner
Signature: /s/ Marc Gabelli
Issuer symbol: LGL
Transactions as of: 25 Mar 2025
Transactions value $: $0
Form type: 4
Filing time: 31 Mar 2025, 16:00:15 UTC
Previous filing: 31 Mar 2025
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	+2.31K	+2.77%	$0.00	85.8K	25 Mar 2025	Direct	F1
holding	LGL	Common Stock						764K	25 Mar 2025	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	25 Mar 2025	Common Stock	12.6K	$4.75	Direct
holding	LGL	Warrants						764K	25 Mar 2025	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 3/25/2028.
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, is deemed to have beneficial ownership of the securities owned by Venator Fund. Marc Gabelli is the President of Venator Fund.