FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
LYNCH CORP [ LGL ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 12/16/2005 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common Stock | 12/16/2005 | P | 58,260(1) | A | $7.25 | 241,801 | D | |||
Common Stock | 12/16/2005 | P | 23,334(1) | A | $7.25 | 93,334 | I | By: Limited Partnership(3) | ||
Common Stock | 12/16/2005 | P | 5,434 | A | $7.25 | 21,734 | I | By: Controlling Shareholder of Direct Owner(4) |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Common Stock Purchase Rights(2) | $7.25 | 12/16/2005 | X | 174,776 | 11/09/2005 | 12/16/2005 | Common Stock | 58,260 | $0 | 0 | D | ||||
Common Stock Purchase Rights(2) | $7.25 | 12/16/2005 | X | 70,000 | 11/09/2005 | 12/16/2005 | Common Stock | 23,334 | $0 | 0 | I | By: Limited Partnership(3) | |||
Common Stock Purchase Rights(2) | $7.25 | 12/16/2005 | X | 16,300 | 11/09/2005 | 12/16/2005 | Common Stock | 5,434 | $0 | 0 | I | By: Controlling Shareholder of Direct Owner(4) |
Explanation of Responses: |
1. These shares were acquired in connection with the Issuer's rights offering. |
2. These common stock purchase rights were acquired as a result of a pro rata distribution of such rights by the Issuer. |
3. These shares are owned by a limited partnership in which Mario J. Gabelli is the general partner and has less then a 5% interest. Mario J. Gabelli hereby disclaims beneficial ownership of the shares owned by such limited partnership except to the extent of his interest in such limited partnership. |
4. These shares are owned by Lynch Interactive Corporation ("Interactive"). Mario J. Gabelli is the beneficial owner of approximately 24% of the outstanding common stock of Interactive and is also its Chairman and CEO. Under Rule 16a-1 promulgated under the Securities Exchange Act of 1934, as amended, Mr. Gabelli may be deemed to have a pecuniary interest in the portfolio securities held by Interactive. Mr. Gabelli hereby disclaims beneficial ownership of such shares. |
/s/ James E. McKee, Attorney-In-Fact for MARIO J. GABELLI | 12/19/2005 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |