X0306 4 2015-12-10 0 0000061004 LGL GROUP INC LGL 0001233348 GABELLI MARC C/O THE LGL GROUP, INC. 2525 SHADER RD. ORLANDO FL 32804 1 0 1 0 Common Stock 2015-12-10 4 A 0 2666 0 A 24069 D Common Stock 350902 I Shares held by Ltd Partnership Stock Option (right to buy) 4.34 2015-12-10 4 A 0 1334 0 A 2020-12-10 CommonStock 1334 1334 D These represent restricted stock / options that were awarded to the Reporting Person pursuant to the Issuer's 2011 Incentive Plan. 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 beneficially by Venator Fund. Marc Gabelli is the President of Venator Global. These options will vest as follows: 30% on the first anniversary of the grant date; 30% on the second anniversary of the grant date; and the remaining 40% on the third anniversary of the grant date. /s/ Marc Gabelli 2015-12-14