SEC Form 4
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)
| 2. Issuer Name and Ticker or Trading Symbol STANLEY FURNITURE CO INC. [ STLY ] | 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
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3. Date of Earliest Transaction (Month/Day/Year) 02/08/2016 | ||||||||||||||||||||||||||
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, par value $0.02 | 02/08/2016 | P | 9,275 | A | $2.4 | 15,495(1)(2) | I | Clark - Hale Fund, L.P. | ||
Common Stock, par value $0.02 | 02/08/2016 | P | 10,505 | A | $2.35 | 26,000(1)(2) | I | Clark - Hale Fund, L.P. | ||
Common Stock, par value $0.02 | 02/08/2016 | P | 1,000 | A | $2.31 | 27,000(1)(2) | I | Clark - Hale Fund, L.P. | ||
Common Stock, par value $0.02 | 02/08/2016 | P | 1,710 | A | $2.32 | 28,710(1)(2) | I | Clark - Hale Fund, L.P. | ||
Common Stock, par value $0.02 | 02/09/2016 | P | 2,927 | A | $2.28 | 31,637(1)(2) | I | Clark - Hale Fund, L.P. | ||
Common Stock, par value $0.02 | 02/09/2016 | P | 16,803 | A | $2.31 | 48,440(1)(2) | I | Clark - Hale Fund, L.P. | ||
Common Stock, par value $0.02 | 02/10/2016 | P | 210 | A | $2.3 | 48,650(1)(2) | I | Clark - Hale Fund, L.P. | ||
Common Stock, par value $0.02 | 02/10/2016 | P | 100 | A | $2.32 | 48,750(1)(2) | I | Clark - Hale Fund, L.P. | ||
Common Stock, par value $0.02 | 02/10/2016 | P | 362 | A | $2.33 | 49,112(1)(2) | I | Clark - Hale Fund, L.P. | ||
Common Stock, par value $0.02 | 02/11/2016 | P | 103 | A | $2.32 | 49,215(1)(2) | I | Clark - Hale Fund, L.P. | ||
Common Stock, par value $0.02 | 02/11/2016 | P | 31,785 | A | $2.3 | 81,000(1)(2) | I | Clark - Hale Fund, L.P. | ||
Common Stock, par value $0.02 | 02/12/2016 | P | 18,700 | A | $2.27 | 740,068(1)(2) | I | Hale Partnership Fund, L.P. | ||
Common Stock, par value $0.02 | 02/12/2016 | P | 900 | A | $2.26 | 740,968(1)(2) | I | Hale Partnership Fund, L.P. | ||
Common Stock, par value $0.02 | 02/16/2016 | P | 100 | A | $2.32 | 81,100(1)(2) | I | Clark - Hale Fund, L.P. | ||
Common Stock, par value $0.02 | 57,055(1)(2) | I | MGEN II - Hale Fund, L.P. | |||||||
Common Stock, par value $0.02 | 693,146(1)(2) | I | TALANTA Fund, L.P. |
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 |
1. Name and Address of Reporting Person*
(Street)
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1. Name and Address of Reporting Person*
(Street)
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1. Name and Address of Reporting Person*
(Street)
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1. Name and Address of Reporting Person*
(Street)
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Explanation of Responses: |
1. The Reporting Persons beneficially own in the aggregate 1,572,269 shares of Common Stock, which represents approximately 10.5% of the Company's outstanding shares of Common Stock. The Hale Funds hold 879,123 shares, and the TALANTA Fund holds 693,146 shares. Hale Partnership Capital Advisors, LLC ("Hale GP"), as general partner to each of Clark - Hale Fund, L.P., MGEN II - Hale Fund, L.P., and Hale Partnership Fund, L.P. (collectively, the "Hale Funds"), and Hale Partnership Capital Management, LLC ("Hale Advisor"), as the investment manager to the Hale Funds, may be deemed to be beneficial owners of the shares directly held by the Hale Funds. TALANTA Investment Group, LLC ( "TALANTA GP"), as general partner to TALANTA Fund, L.P. (the "TALANTA Fund"), may be deemed to be the beneficial owner of the shares directly held by the TALANTA Fund. |
2. As a principal of Hale GP and Hale Advisor, Steven A. Hale may be deemed to be the beneficial owner of the shares held by the Hale Funds. As a principal of TALANTA GP, Justyn R. Putnam may be deemed to be the beneficial owner of the shares held by the TALANTA Fund. Each Reporting Person disclaims beneficial ownership of the shares referred to herein except to the extent of his or its pecuniary interest therein. |
/s/ Steven A. Hale II, Manager on behalf of Hale Partnership Capital Management, LLC | 02/22/2016 | |
/s/ Justyn R. Putnam, Managing Member, on behalf of Talanta Investment Group, LLC | 02/22/2016 | |
/s/ Steven A. Hale II | 02/22/2016 | |
/s/ Justyn R. Putnam | 02/22/2016 | |
** 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. |