Delaware
|
|
38-1799862
|
(State or Other Jurisdiction of
Incorporation or Organization) |
|
(I.R.S. Employer
Identification No.) |
2525 Shader Road, Orlando, Florida
|
|
32804
|
|
(Address of Principal Executive Offices)
|
|
(Zip Code)
|
|
Title of each class
|
|
Name of each exchange on which registered
|
Common Stock, $0.01 Par Value
|
|
NYSE MKT
|
Page
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|||||
PART III
|
|||||
Item 10.
|
Directors, Executive Officers and Corporate Governance.
|
1
|
|||
Item 11.
|
Executive Compensation.
|
4
|
|||
Item 12.
|
Security Ownership Of Certain Beneficial Owners and Management and Related Stockholder Matters.
|
6
|
|||
Item 13.
|
Certain Relationships and Related Transactions, and Director Independence.
|
8
|
|||
Item 14.
|
Principal Accounting Fees and Services.
|
8
|
|||
PART IV
|
|||||
Item 15.
|
Exhibits and Financial Statement Schedules.
|
10
|
|||
Name
|
Age
|
Director Since
|
Offices and Positions Held With the Company, Business Experience and Principal Occupation for the Last Five Years, and Directorships in Public Corporations and Investment Companies
|
Michael J. Ferrantino, Sr.
|
74
|
2014
|
Executive Chairman of the Board, The LGL Group, Inc. (April 2016 to present); Chief Executive Officer, The LGL Group, Inc. (June 2014 to present); Executive Chairman of the Board, M-tron Industries, Inc. (October 2013 to present); President and Chief Executive Officer, Valpey-Fisher Corporation (September 2002 to November 2009), a provider of electronic components used in communications, medical, defense and aerospace, industrial and computer applications for original equipment manufacturers and contract manufacturers worldwide; President, Micro Networks Division, Integrated Circuit Systems, Inc. (January 2002 to September 2002), a supplier of precision timing devices for optical networking, wireless infrastructure and high end network servers using surface acoustic wave and RF technology; President and Chief Executive Officer, Micro Networks Corporation (pre-2000 to January 2002); and Chairman of the Board of Directors, Micro Networks Corporation (April 2000 to January 2002). Mr. Ferrantino brings to the Company's board of directors (the "Board") his extensive knowledge and leadership experience in the RF/microwave integrated system and frequency control industries.
|
Timothy Foufas
|
48
|
2007
|
Managing Partner, Plato Foufas & Co. LLC (2005 to present), a financial services company; President, Levalon Properties LLC (2007 to present), a real estate property management company; Senior Vice President, Bayshore Management Co. LLC (2005 to 2006), a real estate property management company; Director of Investments, Liam Ventures Inc. (2000 to 2005), a private equity investment firm; and Director, ICTC Group, Inc. (2010 to 2013), a rural local exchange carrier headquartered in Nome, ND. Mr. Foufas brings to the Board his management skills and expertise in financial, investment and real estate matters.
|
Marc J. Gabelli
|
49
|
2004
|
Managing Partner, Horizon Research (January 2013 to present), an investment management and research services provider; Chief Executive Officer, Gabelli Securities International Ltd. (1994 to present), a global alternative asset management platform and merchant advisor; President and Managing Director, GGCP, Inc. (1999 to present), a private corporation that makes investments for its own account; Managing Member, Commonwealth Management Partners LLC (2008 to present); and Director and Managing Partner, GAMA Funds Holdings GmbH (2009 to present). Mr. Gabelli brings to the Board his extensive knowledge of the Company's business and industry due to his longstanding service on the Board, as well as his financial expertise and leadership experience as an executive of various investment firms.
|
Donald H. Hunter
|
60
|
2013
|
Principal, Donald Hunter LLC (April 2007 to present), a consulting practice based in Wellesley, MA; Chief Operating Officer and Chief Financial Officer, Harbor Global Company Limited (October 2000 to December 2006), a public company that owned and operated international investment management and natural resources subsidiaries; Chief Operating Officer, Pioneer Global Investments, a Division of the Pioneer Group, Inc. (August 1998 to October 2000), a company that provided investment management services and owned several natural resources investments; and Manager of International Finance, the Pioneer Group, Inc. (January 1991 to August 1998), with financial responsibility for international strategic start-up companies. Mr. Hunter served as a director of Juniper Pharmaceuticals, Inc. (February 2014 to March 2016), a specialty pharmaceuticals company (NASDAQ: JNP), where he served as Chairman of the Audit Committee; LICT Corporation (June 2014 to May 2016), an integrated provider of broadband and voice services (OTC PK: LICT); and the Pioneer First Polish Trust Fund, where he served as Audit Committee Chairman for the first mutual fund in Poland. Mr. Hunter brings to the Board financial, operating, corporate development, international and mergers and acquisition experience.
|
Manjit Kalha
|
42
|
2011
|
Managing Partner, Horizon Research (August 2012 to present), a firm that provides investment management and research services; Chief Executive Officer, Horizon AMC (June 2008 to present), a firm that provides investment management and consulting services; Chief Executive Officer and Director, Jeet Associates Private Limited (December 2006 to present), a consulting firm based in New Delhi that provides business strategy, finance, and taxation advisory services; and Co-founder and Chief Operating Officer, Radiant Polymers Private Limited (2001 to 2006), a manufacturing company of high quality specialty plastic components. Mr. Kalha brings to the Board his experience in management and manufacturing operations, and an extensive knowledge of global financial markets.
|
Frederic V. Salerno, Jr.
|
50
|
2016
|
Strategic Sourcing Manager, Brunswick Corporation (2014 to present); Supply Chain Manager, Poseidon Barge Company (2013 to 2014); Strategic Sourcing Manager, Tuthill Corporation (2009 to 2012); Materials Director, Terex Corporation (2006 to 2008); and Strategic Manufacturing Manager, Ingersoll-Rand Corporation, (1995 to 2006). Mr. Salerno brings to the Board 25 years of experience in operations and supply chain management.
|
Hendi Susanto
|
43
|
2016
|
Vice President, Equity Research, Technology Leader, Gabelli & Company, a provider of institutional research and brokerage services (August 2007 to present). Mr. Susanto brings to the Board extensive experience in evaluating investments in technology, and special situations such as mergers and acquisitions, convertible debts and restructuring.
|
Antonio Visconti
|
57
|
2014
|
Vice President, Hittite Microwave Corporation (2011 to 2014), a leader in high performance integrated circuits (ICs), modules, and subsystems for RF microwave and millimeter-wave applications; Business Director, Maxim Integrated Products (2010 to 2011), a leading manufacturer of linear and mixed-signal ICs; Chief Executive Officer and Founder, Aczent Inc. (2008 to 2011), a developer of analog solutions for industrial applications, acquired in 2011 by major semiconductor manufacturer; and Vice President and General Manager, National Semiconductor's Data Conversion division (2002 to 2008). Mr. Visconti has over 25 years of experience in the high technology industry and brings to the Board engineering, business development and technology acquisition expertise.
|
Name
|
Age
|
Offices and Positions Held With the Company, Business Experience and Principal Occupation for the Last Five Years
|
Michael J. Ferrantino, Sr.
|
74
|
Mr. Ferrantino's business experience, including his term in office, is listed in the section above titled "Directors."
|
Patti A. Smith
|
52
|
Chief Financial Officer, Secretary and Treasurer, The LGL Group, Inc. (April 2015 to present); Director of Financial Reporting and Human Resources, The LGL Group, Inc. (March 2015 to April 2015); Financial Reporting and Human Resources Manager, The LGL Group, Inc. (April 2014 to March 2015); Financial Reporting Manager, The LGL Group, Inc. (September 2012 to April 2014); Director of Financial Reporting for CNL Financial Group, Inc. ("CNL"), one of the nation's leading private investment management firms (July 2011 to May 2012); Vice President of Private Equity Accounting for CNL (August 2007 to July 2011). Prior to 2007, Ms. Smith held financial leadership positions with various public companies including Frontier Corporation, Bausch & Lomb, Inc. and Griffin Technology. Ms. Smith is also a certified public accountant.
|
Name and Principal Position
|
Year
|
Salary
($) |
Bonus
($) |
Stock Awards(1)
($) |
Option Awards(1)
($) |
All Other Compensation
($) |
Total
($) |
|||||||||||||||||||
Michael J. Ferrantino, Sr.
|
2016
|
144,000
|
78,750
|
(2)
|
—
|
32,084
|
6,532
|
(3)
|
261,366
|
|||||||||||||||||
Chief Executive Officer
|
2015
|
144,000
|
40,000
|
(4)
|
160,000
|
(4)
|
—
|
10,895
|
(3)
|
354,895
|
||||||||||||||||
Patti A. Smith(5)
|
2016
|
130,000
|
18,000
|
(6)
|
—
|
4,450
|
3,900
|
(7)
|
155,255
|
|||||||||||||||||
Chief Financial Officer
|
2015
|
90,000
|
—
|
—
|
5,150
|
3,623
|
(7)
|
98,773
|
||||||||||||||||||
(1)
|
Reflects the aggregate grant date fair value of stock awards or option awards granted in the applicable year, computed in accordance with Financial Accounting Standard Board Standards Codification Topic 718. For a discussion of the assumptions and methodologies used to calculate these amounts, please see Note E – Stock-Based Compensation in the Notes to Consolidated Financial Statements included in the Original Report.
|
(2)
|
Reflects Mr. Ferrantino's 2016 Annual Incentive Payment (defined below).
|
(3)
|
Amounts include reimbursement of healthcare insurance costs and the personal income tax expense arising from those costs, as well as matching contributions made by the Company to the individual's 401(k) plan.
|
(4)
|
On May 8, 2015, the Company awarded Mr. Ferrantino a discretionary cash bonus of $40,000 and 37,296 restricted shares of common stock with a grant date fair value of $160,000.
|
(5)
|
Ms. Smith has served as the Company's Chief Financial Officer since April 2015.
|
(6)
|
Ms. Smith is eligible to participate in the Company's Annual Management Incentive Plan which is based on the Company's financial and operational performance and individual performance. For 2016 Ms. Smith earned an $18,000 bonus pursuant to the Company's 2016 Annual Management Incentive Plan
|
(7)
|
Amounts include matching contributions made by the Company to the individual's 401(k) plan.
|
Option Awards
|
|||||||||||||
Name
|
Number of Securities
Underlying
Unexercised
Options (#)
Exercisable
|
Number of Securities
Underlying
Unexercised
Options (#)
Unexercisable
|
Option Exercise
Price ($)
|
Option
Expiration Date
|
|||||||||
Michael J. Ferrantino, Sr.
|
45,000
|
(1)
|
—
|
4.90
|
6/11/2019
|
||||||||
935
|
(2)
|
623
|
3.53
|
12/11/2019
|
|||||||||
6,750
|
(3)
|
20,250
|
5.02
|
12/30/2021
|
|||||||||
Patti A. Smith
|
3,000
|
(4)
|
2,000
|
4.15
|
3/12/2020
|
||||||||
1,250
|
(5)
|
3,750
|
3.90
|
9/2/2021
|
(1) |
On June 11, 2014, the Company granted Mr. Ferrantino options to purchase 75,000 shares of common stock under the 2011 Incentive Plan with a grant date fair value of $111,055. These options vest as follows: 60% on the grant date; an additional 20% on the second anniversary of the grant date; and the remaining 20% on the third anniversary of the grant date. On March 1, 2016, Mr. Ferrantino forfeited 30,000 of these options that were unvested.
|
(2) |
On December 11, 2014, Mr. Ferrantino, as a director of the Company, received a retainer in the form of options to purchase 1,558 shares of common stock under the 2011 Incentive Plan with a grant date fair value of $1,424. These options vest as follows: 30% on the first anniversary of the grant date; an additional 30% on the second anniversary of the grant date; and the remaining 40% on the third anniversary of the grant date.
|
(3) |
On December 30, 2016, Mr. Ferrantino, was granted options to purchase 27,000 shares of common stock under the Amended and Restated 2011 Incentive Plan with a grant date fair value of $32,084. These options vest as follows: 25% on the grant date; 25% on the first anniversary of the grant date; an additional 25% on the second anniversary of the grant date; and the remaining 25% on the third anniversary of the grant date.
|
(4) |
On March 12, 2015, the Company granted Ms. Smith options to purchase 5,000 shares of common stock under the 2011 Incentive Plan with a grant date fair value of $5,150. These options vest as follows: 30% on the first anniversary of the grant date; an additional 30% on the second anniversary of the grant date; and the remaining 40% on the third anniversary of the grant date.
|
(5) |
On September 2, 2016, the Company granted Ms. Smith options to purchase 5,000 shares of common stock under the Amended and Restated 2011 Incentive Plan with a grant date fair value of $4,450. These options vest as follows: 25% on the grant date; 25% on the first anniversary of the grant date; an additional 25% on the second anniversary of the grant date; and the remaining 25% on the third anniversary of the grant date.
|
Name
|
Fees Earned or Paid in Cash
($) |
Stock Awards
($)(1) |
Option Awards
($)(1) |
Total
($) |
||||||||||||
Timothy Foufas
|
18,250
|
10,000
|
—
|
28,250
|
||||||||||||
Marc J. Gabelli
|
10,000
|
10,000
|
—
|
20,000
|
||||||||||||
Donald H. Hunter
|
17,750
|
10,000
|
—
|
27,750
|
||||||||||||
Manjit Kalha
|
16,000
|
—
|
4,615
|
20,615
|
||||||||||||
Frederic Salerno
|
5,500
|
10,000
|
—
|
15,500
|
||||||||||||
Hendi Susanto
|
5,500
|
10,000
|
—
|
15,500
|
||||||||||||
Antonio Visconti
|
14,250
|
10,000
|
—
|
24,250
|
‒
|
Each person who is known to us to beneficially own more than 5% of our common stock;
|
‒
|
Each of our directors, nominees and named executive officers; and
|
‒
|
All of our directors and executive officers, as a group.
|
Common Stock
Beneficially Owned(1) |
|||||||
Name and Address of Beneficial Owner
|
Shares
|
%
|
|||||
5% Stockholders:
|
|||||||
Mario J. Gabelli
|
460,517
|
(2)
|
17.2
|
||||
Directors and Named Executive Officers:
|
|||||||
Michael J. Ferrantino, Sr.
|
95,065
|
(3)
|
3.5
|
||||
Timothy Foufas
|
24,957
|
(4)
|
*
|
||||
Marc J. Gabelli
|
378,143
|
(5)
|
14.1
|
||||
Donald H. Hunter
|
12,930
|
(4)
|
*
|
||||
Manjit Kalha
|
10,473
|
(6)
|
*
|
||||
Frederic V. Salerno, Jr.
|
1,992
|
*
|
|||||
Hendi Susanto
|
1,992
|
*
|
|||||
Antonio Visconti
|
8,953
|
(4)
|
*
|
||||
Patti A. Smith
|
4,250
|
(7)
|
*
|
||||
All executive officers and directors as a group (9 persons)
|
538,755
|
(8)
|
19.7
|
(1) |
The applicable percentage of ownership for each beneficial owner is based on 2,675,466 shares of common stock outstanding as of April 21, 2017. Shares of common stock issuable upon exercise of options, warrants or other rights beneficially owned that are exercisable within 60 days are deemed outstanding for the purpose of computing the percentage ownership of the person holding such securities and rights and all executive officers and directors as a group.
|
(2) |
Includes (i) 241,861 shares of common stock owned directly by Mario J. Gabelli; (ii) 96,756 shares owned by MJG-IV Limited Partnership, of which Mr. Gabelli is the general partner and has an approximate 5% interest; and (iii) 121,900 shares owned by GGCP, Inc., of which Mr. Gabelli is the chief executive officer, a director and controlling shareholder. Mr. Gabelli disclaims beneficial ownership of the shares owned by MJG-IV Limited Partnership and GGCP, Inc., except to the extent of his pecuniary interest therein. Mr. Gabelli's business address is 401 Theodore Fremd Avenue, Rye, New York 10580-1430. This disclosure is based solely on information in a Statement of Changes in Beneficial Ownership on Form 4 filed by Mr. Gabelli with the SEC on December 6, 2016.
|
(3) |
Includes 52,685 shares issuable upon the exercise of options.
|
(4) |
Includes 1,315 shares issuable upon the exercise of options.
|
(5) |
Includes (i) 25,926 shares of common stock owned directly by Mr. Gabelli; (ii) 1,315 shares issuable upon the exercise of options held by Mr. Gabelli; and (iii) 350,902 shares held by Venator Merchant Fund, L.P. ("Venator Fund"). Venator Global, LLC ("Venator Global"), which is the sole general partner of Venator Fund, may be deemed to beneficially own the securities owned by Venator Fund. Mr. Gabelli, who is the President and Sole Member of Venator Global, may be deemed to beneficially own the securities owned by Venator Fund. Mr. Gabelli disclaims beneficial ownership of the securities owned by Venator Fund, except to the extent of his pecuniary interest therein.
|
(6) |
Includes 2,074 shares issuable upon the exercise of options.
|
(7) |
Includes 4,250 shares issuable upon the exercise of options.
|
(8) |
Includes 474,486 shares of common stock and 64,269 shares issuable upon the exercise of options.
|
Plan Category
|
Number of securities to be issued upon exercise of outstanding options, warrants and rights
(a) |
Weighted-average exercise price of outstanding options, warrants and rights
(b) |
Number of
securities remaining available for future issuance under equity compensation plans (excluding securities reflected in column (a)) (c) |
||||||||
Equity compensation plans approved by security holders(1)
|
176,344
|
$
|
4.90
|
432,723
|
|||||||
Equity compensation plans not approved by security holders
|
—
|
—
|
—
|
||||||||
Total
|
176,344
|
$
|
4.90
|
432,723
|
(1)
|
The Amended and Restated 2011 Incentive Plan was approved by our stockholders on June 16, 2016. 750,000 shares of common stock are authorized for issuance under the Amended and Restated 2011 Incentive Plan. Options to purchase 176,344 shares of common stock issued under the Amended and Restated 2011 Incentive Plan were outstanding as of December 31, 2016.
|
Exhibit No.
|
Description
|
||
2.1
|
Asset Purchase Agreement, dated as of January 31, 2014, made by and between M-tron Industries, Inc. and Trilithic, Inc. (incorporated by reference to Exhibit 2.1 to the Company's Quarterly Report on Form 10-Q filed with the SEC on May 15, 2014).
|
||
3.1
|
Certificate of Incorporation of The LGL Group, Inc. (incorporated by reference to Exhibit 3.1 to the Company's Current Report on Form 8-K filed with the SEC on August 31, 2007).
|
||
3.2
|
The LGL Group, Inc. By-Laws (incorporated by reference to Exhibit 3.2 to the Company's Current Report on Form 8-K filed with the SEC on August 31, 2007).
|
||
3.3
|
The LGL Group, Inc. Amendment No. 1 to By-Laws (incorporated by reference to Exhibit 3.1 to the Company's Current Report on Form 8-K filed with the SEC on June 17, 2014).
|
||
4.1
|
Warrant Agreement, dated as of July 30, 2013, by and among The LGL Group, Inc., Computershare Inc. and Computershare Trust Company, N.A. (incorporated by reference to Exhibit 4.1 to the Company's Quarterly Report on Form 10-Q filed with the SEC on August 14, 2013).
|
||
10.1
|
The LGL Group, Inc. 401(k) Savings Plan (incorporated by reference to Exhibit 10(b) to the Company's Annual Report on Form 10-K filed with the SEC on April 1, 1996).
|
||
10.2
|
The LGL Group, Inc. 2001 Equity Incentive Plan adopted December 10, 2001 (incorporated by reference to Exhibit 4 to the Company's Registration Statement on Form S-8 filed with the SEC on December 29, 2005).
|
||
10.3
|
Form of Restricted Stock Agreement (2001 Equity Incentive Plan) by and between The LGL Group, Inc. and each of its directors (incorporated by reference to Exhibit 10.10 to the Company's Annual Report on Form 10-K filed with the SEC on March 24, 2011).
|
||
10.4
|
Form of Restricted Stock Agreement (2001 Equity Incentive Plan) by and between The LGL Group, Inc. and each of its executive officers (incorporated by reference to Exhibit 10.11 to the Company's Annual Report on Form 10-K filed with the SEC on March 24, 2011).
|
||
10.5
|
The LGL Group, Inc. Amended and Restated 2011 Incentive Plan (incorporated by reference to Annex A of the Company's Definitive Proxy Statement with respect to the Company's 2016 Annual Meeting of Stockholders, filed on April 29, 2016).
|
||
10.6
|
Form of Stock Option Agreement (2011 Incentive Plan) (incorporated by reference to Exhibit 4.2 to the Company's Registration Statement on Form S-8 filed with the SEC on December 30, 2011).
|
10.7
|
Form of Restricted Stock Agreement (2011 Incentive Plan) (incorporated by reference to Exhibit 4.3 to the Company's Registration Statement on Form S-8 filed with the SEC on December 30, 2011).
|
||
10.8
|
Form of Indemnification Agreement by and between The LGL Group, Inc. and its executive officers and directors (incorporated by reference to Exhibit 10.9 to the Company's Annual Report on Form 10-K filed with the SEC on March 24, 2011).
|
||
10.9
|
Offer of Employment Letter, effective as of October 1, 2013, by and between The LGL Group, Inc. and Michael J. Ferrantino (incorporated by reference to Exhibit 10.1 to the Company's Current Report on Form 8-K filed with the SEC on October 7, 2013).
|
||
10.10
|
Agreement and Release, dated May 27, 2014, by and between Gregory P. Anderson and The LGL Group, Inc. (incorporated by reference to Exhibit 10.1 to the Company's Current Report on Form 8-K filed with the SEC on May 28, 2014).
|
||
10.11
|
Agreement and Release, dated May 27, 2014, by and between James L. Williams and The LGL Group, Inc. (incorporated by reference to Exhibit 10.2 to the Company's Current Report on Form 8-K filed with the SEC on May 28, 2014).
|
||
10.12
|
Registration Rights Agreement, dated as of September 19, 2013, by and between the Company and Venator Merchant Fund L.P. (incorporated by reference to Exhibit 10.2 to the Company's Current Report on Form 8-K filed with the SEC on September 19, 2013).
|
||
10.13
|
Loan Agreement, dated as of September 30, 2014, by and between M-tron Industries, Inc. and City National Bank of Florida (incorporated by reference to Exhibit 10.1 to the Company's Current Report on Form 8-K filed with the SEC on October 2, 2014).
|
||
10.14
|
Revolving Promissory Note, dated as of September 30, 2014, by and between M-tron Industries, Inc. and City National Bank of Florida (incorporated by reference to Exhibit 10.2 to the Company's Current Report on Form 8-K filed with the SEC on October 2, 2014).
|
||
10.15
|
Cash Collateral Agreement, dated as of September 30, 2014, by and between M-tron Industries, Inc. and City National Bank of Florida (incorporated by reference to Exhibit 10.3 to the Company's Current Report on Form 8-K filed with the SEC on October 2, 2014).
|
||
21.1
|
Subsidiaries of The LGL Group, Inc.**
|
||
23.1
|
Consent of Independent Registered Public Accounting Firm – RSM US LLP.**
|
||
31.1
|
Certification of Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.**
|
||
31.2
|
Certification of Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.**
|
||
31.3
|
Certification of Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.*
|
||
31.4
|
Certification of Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.*
|
||
32.1
|
Certification of Principal Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.**
|
32.2
|
Certification of Principal Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.**
|
||
101.INS
|
XBRL Instance Document**
|
||
101.SCH
|
XBRL Taxonomy Extension Schema Document**
|
||
101.CAL
|
XBRL Taxonomy Extension Calculation Linkbase Document**
|
||
101.DEF
|
XBRL Taxonomy Extension Definition Linkbase Document**
|
||
101.LAB
|
XBRL Taxonomy Extension Label Linkbase Document**
|
||
101.PRE
|
XBRL Taxonomy Extension Presentation Linkbase Document**
|
THE LGL GROUP, INC.
|
|||
April 28, 2017
|
By:
|
/s/ Michael J. Ferrantino, Sr.
|
|
Michael J. Ferrantino, Sr.
|
|||
President and Chief Executive Officer
(Principal Executive Officer)
|
|||
Exhibit No.
|
Description
|
||
2.1
|
Asset Purchase Agreement, dated as of January 31, 2014, made by and between M-tron Industries, Inc. and Trilithic, Inc. (incorporated by reference to Exhibit 2.1 to the Company's Quarterly Report on Form 10-Q filed with the SEC on May 15, 2014).
|
||
3.1
|
Certificate of Incorporation of The LGL Group, Inc. (incorporated by reference to Exhibit 3.1 to the Company's Current Report on Form 8-K filed with the SEC on August 31, 2007).
|
||
3.2
|
The LGL Group, Inc. By-Laws (incorporated by reference to Exhibit 3.2 to the Company's Current Report on Form 8-K filed with the SEC on August 31, 2007).
|
||
3.3
|
The LGL Group, Inc. Amendment No. 1 to By-Laws (incorporated by reference to Exhibit 3.1 to the Company's Current Report on Form 8-K filed with the SEC on June 17, 2014).
|
||
4.1
|
Warrant Agreement, dated as of July 30, 2013, by and among The LGL Group, Inc., Computershare Inc. and Computershare Trust Company, N.A. (incorporated by reference to Exhibit 4.1 to the Company's Quarterly Report on Form 10-Q filed with the SEC on August 14, 2013).
|
||
10.1
|
The LGL Group, Inc. 401(k) Savings Plan (incorporated by reference to Exhibit 10(b) to the Company's Annual Report on Form 10-K filed with the SEC on April 1, 1996).
|
||
10.2
|
The LGL Group, Inc. 2001 Equity Incentive Plan adopted December 10, 2001 (incorporated by reference to Exhibit 4 to the Company's Registration Statement on Form S-8 filed with the SEC on December 29, 2005).
|
||
10.3
|
Form of Restricted Stock Agreement (2001 Equity Incentive Plan) by and between The LGL Group, Inc. and each of its directors (incorporated by reference to Exhibit 10.10 to the Company's Annual Report on Form 10-K filed with the SEC on March 24, 2011).
|
||
10.4
|
Form of Restricted Stock Agreement (2001 Equity Incentive Plan) by and between The LGL Group, Inc. and each of its executive officers (incorporated by reference to Exhibit 10.11 to the Company's Annual Report on Form 10-K filed with the SEC on March 24, 2011).
|
||
10.5
|
The LGL Group, Inc. Amended and Restated 2011 Incentive Plan (incorporated by reference to Annex A of the Company's Definitive Proxy Statement with respect to the Company's 2016 Annual Meeting of Stockholders, filed on April 29, 2016).
|
||
10.6
|
Form of Stock Option Agreement (2011 Incentive Plan) (incorporated by reference to Exhibit 4.2 to the Company's Registration Statement on Form S-8 filed with the SEC on December 30, 2011).
|
||
10.7
|
Form of Restricted Stock Agreement (2011 Incentive Plan) (incorporated by reference to Exhibit 4.3 to the Company's Registration Statement on Form S-8 filed with the SEC on December 30, 2011).
|
||
10.8
|
Form of Indemnification Agreement by and between The LGL Group, Inc. and its executive officers and directors (incorporated by reference to Exhibit 10.9 to the Company's Annual Report on Form 10-K filed with the SEC on March 24, 2011).
|
||
10.9
|
Offer of Employment Letter, effective as of October 1, 2013, by and between The LGL Group, Inc. and Michael J. Ferrantino (incorporated by reference to Exhibit 10.1 to the Company's Current Report on Form 8-K filed with the SEC on October 7, 2013).
|
||
10.10
|
Agreement and Release, dated May 27, 2014, by and between Gregory P. Anderson and The LGL Group, Inc. (incorporated by reference to Exhibit 10.1 to the Company's Current Report on Form 8-K filed with the SEC on May 28, 2014).
|
10.11
|
Agreement and Release, dated May 27, 2014, by and between James L. Williams and The LGL Group, Inc. (incorporated by reference to Exhibit 10.2 to the Company's Current Report on Form 8-K filed with the SEC on May 28, 2014).
|
||
10.12
|
Registration Rights Agreement, dated as of September 19, 2013, by and between the Company and Venator Merchant Fund L.P. (incorporated by reference to Exhibit 10.2 to the Company's Current Report on Form 8-K filed with the SEC on September 19, 2013).
|
||
10.13
|
Loan Agreement, dated as of September 30, 2014, by and between M-tron Industries, Inc. and City National Bank of Florida (incorporated by reference to Exhibit 10.1 to the Company's Current Report on Form 8-K filed with the SEC on October 2, 2014).
|
||
10.14
|
Revolving Promissory Note, dated as of September 30, 2014, by and between M-tron Industries, Inc. and City National Bank of Florida (incorporated by reference to Exhibit 10.2 to the Company's Current Report on Form 8-K filed with the SEC on October 2, 2014).
|
||
10.15
|
Cash Collateral Agreement, dated as of September 30, 2014, by and between M-tron Industries, Inc. and City National Bank of Florida (incorporated by reference to Exhibit 10.3 to the Company's Current Report on Form 8-K filed with the SEC on October 2, 2014).
|
||
21.1
|
Subsidiaries of The LGL Group, Inc.**
|
||
23.1
|
Consent of Independent Registered Public Accounting Firm – RSM US LLP.**
|
||
31.1
|
Certification of Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.**
|
||
31.2
|
Certification of Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.**
|
||
31.3
|
Certification of Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.*
|
||
31.4
|
Certification of Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.*
|
||
32.1
|
Certification of Principal Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.**
|
||
32.2
|
Certification of Principal Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.**
|
||
101.INS
|
XBRL Instance Document**
|
||
101.SCH
|
XBRL Taxonomy Extension Schema Document**
|
||
101.CAL
|
XBRL Taxonomy Extension Calculation Linkbase Document**
|
||
101.DEF
|
XBRL Taxonomy Extension Definition Linkbase Document**
|
||
101.LAB
|
XBRL Taxonomy Extension Label Linkbase Document**
|
||
101.PRE
|
XBRL Taxonomy Extension Presentation Linkbase Document**
|
1 |
I have reviewed this Amendment on Form 10-K/A of The LGL Group, Inc.; and
|
2. |
Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report.
|
April 28, 2017
|
/s/ Michael J. Ferrantino, Sr.
|
||
Name:
|
Michael J. Ferrantino, Sr.
|
||
Title:
|
Executive Chairman and Chief Executive Officer
(Principal Executive Officer)
|
1 |
I have reviewed this Amendment on Form 10-K/A of The LGL Group, Inc.; and
|
2. |
Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report.
|
April 28, 2017
|
/s/ Patti A. Smith
|
||
Name:
|
Patti A. Smith
|
||
Title:
|
Chief Financial Officer
(Principal Financial Officer)
|