X0306 4 2020-11-16 0000061004 LGL GROUP INC LGL 0001233348 GABELLI MARC ONE CORPORATE CENTER RYE NY 10580 true true Common Stock 62968 D Common Stock 764303 I Shares held by a Ltd. Partnership Common Stock Warrants (right to purchase) 12.5 2020-11-16 4 J 0 62968 0 A 2025-11-16 Common stock,par value$0.01 per share 12593 62968 D Common Stock Warrants (right to purchase) 12.5 2020-11-16 4 J 0 764303 0 A 2025-11-16 Common stock,par value$0.01 per share 152860 764303 I Shares held by a Ltd. Partnership 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. On November 16, 2020, holders of the Issuer's Common Stock, par value $0.01 per share (the "Common Stock"), received a dividend of one Common Stock Warrant (the "Warrants") for each share of Common Stock held by such holder as of November 9, 2020. 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 2020-11-18