4//SEC Filing
LGL GROUP INC 4
Accession 0001140361-13-031041
$LGLCIK 0000061004operating
Filed
Aug 7, 8:00 PM ET
Accepted
Aug 8, 12:58 PM ET
Size
6.1 KB
Accession
0001140361-13-031041
Insider Transaction Report
Form 4
Anderson Greg P.
President and CEO
Transactions
- Other
Common Stock Warrants (right to purchase)
2013-08-06+68,205→ 68,205 totalExercise: $7.50Exp: 2018-08-06→ Common Stock, par value $0.01 per share (2,728 underlying)
Footnotes (2)
- [F1]1. On August 6, 2013, holders of the Issuer's Common Stock, par value $0.01per share (the "Common Stock"), received a dividend of five Common Stock Warrants (the "Warrants") for each share of Common Stock held by such holder as of July 29, 2013. When exercisable, 25 Warrants will entitle their holder to purchase one share of Common Stock at an exercise price of $7.50 per share, as may be adjusted in accordance with the terms of the Warrants.
- [F2]2. The Warrants become exercisable on the earlier of (i) August 6, 2018, 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 $15.00. Any unexercised Warrants will expire at 5:00 p.m., Eastern Time, on August 6, 2018.
Documents
Issuer
LGL GROUP INC
CIK 0000061004
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000061004
Filing Metadata
- Form type
- 4
- Filed
- Aug 7, 8:00 PM ET
- Accepted
- Aug 8, 12:58 PM ET
- Size
- 6.1 KB