0000807249-21-000207.txt : 20211229 0000807249-21-000207.hdr.sgml : 20211229 20211229160428 ACCESSION NUMBER: 0000807249-21-000207 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20211228 FILED AS OF DATE: 20211229 DATE AS OF CHANGE: 20211229 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: GABELLI MARC CENTRAL INDEX KEY: 0001233348 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-00106 FILM NUMBER: 211528869 MAIL ADDRESS: STREET 1: 401 THEODORE FREMD AVE CITY: RYE STATE: NY ZIP: 10580 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: LGL GROUP INC CENTRAL INDEX KEY: 0000061004 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPONENTS, NEC [3679] IRS NUMBER: 381799862 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 2525 SHADER ROAD CITY: ORLANDO STATE: FL ZIP: 32804 BUSINESS PHONE: (407) 298-2000 MAIL ADDRESS: STREET 1: 2525 SHADER ROAD CITY: ORLANDO STATE: FL ZIP: 32804 FORMER COMPANY: FORMER CONFORMED NAME: LYNCH CORP DATE OF NAME CHANGE: 19920703 4 1 form4.xml X0306 4 2021-12-28 0000061004 LGL GROUP INC LGL 0001233348 GABELLI MARC ONE CORPORATE CENTER RYE NY 10580 true true Common Stock 2021-12-28 4 A 0 1267 0 A 80580 D Common Stock 764303 I Shares held by a Ltd. Partnership Common Stock Warrants (right to purchase) 12.5 2025-11-16 Common stock, par value$0.01 per share 12593 62968 D Common Stock Warrants (right to purchase) 12.5 2025-11-16 Common stock, par value$0.01 per share 152860 764303 I Shares held by a Ltd. Partnership These shares were granted by the Issuer to the Reporting Person. This filing does not include the holdings by GGCP, Inc. of 476,937 shares of LGL Group, Inc., which have been included in the Form 4 filing of Mario J. Gabelli, dated November 18, 2020. 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, isdeemed to have beneficial ownership of the securities owned by Venator Fund. Marc Gabelli is the President of Venator Fund. When exercisable, 5 Warrants will entitle their holder to purchase one share of Common Stock at an exercise price of $12.50 per share, as may be adjusted in accordance with the terms of the Warrants. The Warrants become exercisable on the earlier of (i) November 16, 2025, and (ii) such date that the 30-day volume weighted average price per share, or VWAP, of the Common Stock is greater than or equal to $17.50. Any unexercised Warrants will expire at 5:00 p.m., Eastern Time, on November 16, 2025. /s/ Marc Gabelli 2021-12-29