SEC Form 4 · accession 0000919574-18-008082
HG Holdings, Inc. · STLY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Dec 17, 2018
Accepted (ET)
Dec 19, 2018 · 5:51 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000797465
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.02 per shareF1,F2 | Dec 17, 2018 | S | 324,014 | $0.42 | D | 2,481,548 | I | See Footnote |
| Common Stock, par value $0.02 per shareF1,F2 | Dec 17, 2018 | P | 324,014 | $0.42 | A | 2,481,548 | I | See Footnote |
| Common Stock, par value $0.02 per shareF2 | Dec 18, 2018 | P | 30,000 | $0.43 | A | 2,511,548 | I | See Footnote |
| Common Stock, par value $0.02 per shareF2 | Dec 19, 2018 | P | 12,500 | $0.43 | A | 2,524,048 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These transactions are rebalancing transactions between different accounts.
- F2The securities reported herein are held in multiple accounts. Solas Capital Management, LLC may be deemed to be a beneficial owner of such securities by virtue of its role as the investment manager of such accounts. Frederick Tucker Golden may be deemed to be a beneficial owner of such securities by virtue of his role as the managing member of Solas Capital Management, LLC. Each Reporting Person disclaims beneficial ownership in the securities reported on this Form 4 except to the extent of its or his pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.