SEC Form 4 · accession 0001398344-16-010133

HG Holdings, Inc. · STLY

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owners

10% Owner

Director · 10% Owner

Director · 10% Owner

10% Owner

Period of report

Feb 8, 2016

Accepted (ET)

Feb 22, 2016 · 1:14 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^F1,F2	Feb 8, 2016	P	9,275	$2.40	A	15,495	I	Clark - Hale Fund, L.P.
Common Stock, par value $0.02^F1,F2	Feb 8, 2016	P	10,505	$2.35	A	26,000	I	Clark - Hale Fund, L.P.
Common Stock, par value $0.02^F1,F2	Feb 8, 2016	P	1,000	$2.31	A	27,000	I	Clark - Hale Fund, L.P.
Common Stock, par value $0.02^F1,F2	Feb 8, 2016	P	1,710	$2.32	A	28,710	I	Clark - Hale Fund, L.P.
Common Stock, par value $0.02^F1,F2	Feb 9, 2016	P	2,927	$2.28	A	31,637	I	Clark - Hale Fund, L.P.
Common Stock, par value $0.02^F1,F2	Feb 9, 2016	P	16,803	$2.31	A	48,440	I	Clark - Hale Fund, L.P.
Common Stock, par value $0.02^F1,F2	Feb 10, 2016	P	210	$2.30	A	48,650	I	Clark - Hale Fund, L.P.
Common Stock, par value $0.02^F1,F2	Feb 10, 2016	P	100	$2.32	A	48,750	I	Clark - Hale Fund, L.P.
Common Stock, par value $0.02^F1,F2	Feb 10, 2016	P	362	$2.33	A	49,112	I	Clark - Hale Fund, L.P.
Common Stock, par value $0.02^F1,F2	Feb 11, 2016	P	103	$2.32	A	49,215	I	Clark - Hale Fund, L.P.
Common Stock, par value $0.02^F1,F2	Feb 11, 2016	P	31,785	$2.30	A	81,000	I	Clark - Hale Fund, L.P.
Common Stock, par value $0.02^F1,F2	Feb 12, 2016	P	18,700	$2.27	A	740,068	I	Hale Partnership Fund, L.P.
Common Stock, par value $0.02^F1,F2	Feb 12, 2016	P	900	$2.26	A	740,968	I	Hale Partnership Fund, L.P.
Common Stock, par value $0.02^F1,F2	Feb 16, 2016	P	100	$2.32	A	81,100	I	Clark - Hale Fund, L.P.
Common Stock, par value $0.02^F1,F2	holding	—	—		—	57,055	I	MGEN II - Hale Fund, L.P.
Common Stock, par value $0.02^F1,F2	holding	—	—		—	693,146	I	TALANTA Fund, L.P.

No Table II lines on this filing.

F1The 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.
F2As 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.