Steven A. Hale II
Manager
Hale Partnership Capital Management, LLC
5960 Fairview Road, Suite 432
Charlotte, NC 28210
(704) 970-2012
|
Justyn R. Putnam
Managing Member
TALANTA Investment
Group, LLC
401 N. Tryon Street, 10th Floor
Charlotte, NC 28202
(704) 904-1450
|
with a copy to
Paul J. Foley
Kilpatrick Townsend
& Stockton LLP
1114 Avenue of the Americas
New York, NY, 10036-7703
(212) 775-8712
|
CUSIP NO. 854305208
|
13D
|
Page 2
|
1
|
NAMES OF REPORTING PERSONS
HALE PARTNERSHIP CAPITAL MANAGEMENT, LLC
|
||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [ ]
|
||
3
|
SEC USE ONLY
|
||
4
|
SOURCE OF FUNDS
OO
|
||
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
[ ]
|
||
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
STATE OF NORTH CAROLINA, UNITED STATES OF AMERICA
|
||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
7
|
SOLE VOTING POWER
0 Shares of Common Stock
|
|
8
|
SHARED VOTING POWER
558,959 Shares of Common Stock
|
||
9
|
SOLE DISPOSITIVE POWER
0 Shares of Common Stock
|
||
10
|
SHARED DISPOSITIVE POWER
558,959 Shares of Common Stock
|
||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
558,959 Shares of Common Stock
|
||
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[ ]
|
||
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.8% of the outstanding Common Stock (based on 14,780,322 Shares of Common Stock outstanding as reported in the Issuer’s Quarterly Report on Form 10-Q filed on October 14, 2014)
|
||
14
|
TYPE OF REPORTING PERSON
OO, IA
|
CUSIP NO. 854305208
|
13D
|
Page 3
|
1
|
NAMES OF REPORTING PERSONS
HALE PARTNERSHIP CAPITAL ADVISORS, LLC
|
||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [ ]
|
||
3
|
SEC USE ONLY
|
||
4
|
SOURCE OF FUNDS
OO
|
||
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
[ ]
|
||
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
STATE OF NORTH CAROLINA, UNITED STATES OF AMERICA
|
||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
7
|
SOLE VOTING POWER
0 Shares of Common Stock
|
|
8
|
SHARED VOTING POWER
558,959 Shares of Common Stock
|
||
9
|
SOLE DISPOSITIVE POWER
0 Shares of Common Stock
|
||
10
|
SHARED DISPOSITIVE POWER
558,959 Shares of Common Stock
|
||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
558,959 Shares of Common Stock
|
||
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[ ]
|
||
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.8% of the outstanding Common Stock (based on 14,780,322 Shares of Common Stock outstanding as reported in the Issuer’s Quarterly Report on Form 10-Q filed on October 14, 2014)
|
||
14
|
TYPE OF REPORTING PERSON
OO
|
CUSIP NO. 854305208
|
13D
|
Page 4
|
1
|
NAMES OF REPORTING PERSONS
HALE PARTNERSHIP FUND, LP
|
||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [ ]
|
||
3
|
SEC USE ONLY
|
||
4
|
SOURCE OF FUNDS
WC
|
||
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
[ ]
|
||
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
STATE OF DELAWARE, UNITED STATES OF AMERICA
|
||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
7
|
SOLE VOTING POWER
0 Shares of Common Stock
|
|
8
|
SHARED VOTING POWER
509,154 Shares of Common Stock
|
||
9
|
SOLE DISPOSITIVE POWER
0 Shares of Common Stock
|
||
10
|
SHARED DISPOSITIVE POWER
509,154 Shares of Common Stock
|
||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
509,154 Shares of Common Stock
|
||
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[ ]
|
||
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.4% of the outstanding Common Stock (based on 14,780,322 Shares of Common Stock outstanding as reported in the Issuer’s Quarterly Report on Form 10-Q filed on October 14, 2014)
|
||
14
|
TYPE OF REPORTING PERSON
PN
|
CUSIP NO. 854305208
|
13D
|
Page 5
|
1
|
NAMES OF REPORTING PERSONS
MGEN II – HALE FUND, LP
|
||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [ ]
|
||
3
|
SEC USE ONLY
|
||
4
|
SOURCE OF FUNDS
WC
|
||
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
[ ]
|
||
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
STATE OF DELAWARE, UNITED STATES OF AMERICA
|
||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
7
|
SOLE VOTING POWER
0 Shares of Common Stock
|
|
8
|
SHARED VOTING POWER
49,805 Shares of Common Stock
|
||
9
|
SOLE DISPOSITIVE POWER
0 Shares of Common Stock
|
||
10
|
SHARED DISPOSITIVE POWER
49,805 Shares of Common Stock
|
||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
49,805 Shares of Common Stock
|
||
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[ ]
|
||
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.3% of the outstanding Common Stock (based on 14,780,322 Shares of Common Stock outstanding as reported in the Issuer’s Quarterly Report on Form 10-Q filed on October 14, 2014)
|
||
14
|
TYPE OF REPORTING PERSON
PN
|
CUSIP NO. 854305208
|
13D
|
Page 6
|
1
|
NAMES OF REPORTING PERSONS
STEVEN A. HALE II
|
||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [ ]
|
||
3
|
SEC USE ONLY
|
||
4
|
SOURCE OF FUNDS
OO
|
||
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
[ ]
|
||
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES OF AMERICA
|
||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
7
|
SOLE VOTING POWER
0 Shares of Common Stock
|
|
8
|
SHARED VOTING POWER
558,959 Shares of Common Stock
|
||
9
|
SOLE DISPOSITIVE POWER
0 Shares of Common Stock
|
||
10
|
SHARED DISPOSITIVE POWER
558,959 Shares of Common Stock
|
||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
558,959 Shares of Common Stock
|
||
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[ ]
|
||
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.8% of the outstanding Common Stock (based on 14,780,322 Shares of Common Stock outstanding as reported in the Issuer’s Quarterly Report on Form 10-Q filed on October 14, 2014)
|
||
14
|
TYPE OF REPORTING PERSON
IN
|
CUSIP NO. 854305208
|
13D
|
Page 7
|
1
|
NAMES OF REPORTING PERSONS
TALANTA INVESTMENT GROUP, LLC
|
||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [ ]
|
||
3
|
SEC USE ONLY
|
||
4
|
SOURCE OF FUNDS
OO
|
||
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
[ ]
|
||
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
STATE OF DELAWARE, UNITED STATES OF AMERICA
|
||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
7
|
SOLE VOTING POWER
0 Shares of Common Stock
|
|
8
|
SHARED VOTING POWER
234,986 Shares of Common Stock
|
||
9
|
SOLE DISPOSITIVE POWER
0 Shares of Common Stock
|
||
10
|
SHARED DISPOSITIVE POWER
234,986 Shares of Common Stock
|
||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
234,986 Shares of Common Stock
|
||
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[ ]
|
||
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.6% of the outstanding Common Stock (based on 14,780,322 Shares of Common Stock outstanding as reported in the Issuer’s Quarterly Report on Form 10-Q filed on October 14, 2014)
|
||
14
|
TYPE OF REPORTING PERSON
OO
|
CUSIP NO. 854305208
|
13D
|
Page 8
|
1
|
NAMES OF REPORTING PERSONS
TALANTA FUND, LP
|
||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [ ]
|
||
3
|
SEC USE ONLY
|
||
4
|
SOURCE OF FUNDS
WC
|
||
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
[ ]
|
||
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
STATE OF DELAWARE, UNITED STATES OF AMERICA
|
||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
7
|
SOLE VOTING POWER
0 Shares of Common Stock
|
|
8
|
SHARED VOTING POWER
234,986 Shares of Common Stock
|
||
9
|
SOLE DISPOSITIVE POWER
0 Shares of Common Stock
|
||
10
|
SHARED DISPOSITIVE POWER
234,986 Shares of Common Stock
|
||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
234,986 Shares of Common Stock
|
||
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[ ]
|
||
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.6% of the outstanding Common Stock (based on 14,780,322 Shares of Common Stock outstanding as reported in the Issuer’s Quarterly Report on Form 10-Q filed on October 14, 2014)
|
||
14
|
TYPE OF REPORTING PERSON
PN
|
CUSIP NO. 854305208
|
13D
|
Page 9
|
1
|
NAMES OF REPORTING PERSONS
JUSTYN R. PUTNAM
|
||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [ ]
|
||
3
|
SEC USE ONLY
|
||
4
|
SOURCE OF FUNDS
OO
|
||
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
[ ]
|
||
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
STATE OF DELAWARE, UNITED STATES OF AMERICA
|
||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
7
|
SOLE VOTING POWER
0 Shares of Common Stock
|
|
8
|
SHARED VOTING POWER
234,986 Shares of Common Stock
|
||
9
|
SOLE DISPOSITIVE POWER
0 Shares of Common Stock
|
||
10
|
SHARED DISPOSITIVE POWER
234,986 Shares of Common Stock
|
||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
234,986 Shares of Common Stock
|
||
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[ ]
|
||
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.6% of the outstanding Common Stock (based on 14,780,322 Shares of Common Stock outstanding as reported in the Issuer’s Quarterly Report on Form 10-Q filed on October 14, 2014)
|
||
14
|
TYPE OF REPORTING PERSON
IN
|
Item 1.
|
Security and Issuer
|
Item 2.
|
Identity and Background
|
|
(a)
|
Name
|
Reporting Person
|
State of
Organization
|
Hale Partnership Capital Management, LLC (“Hale Adviser”)
|
North Carolina
|
Hale Partnership Capital Advisors, LLC (“Hale GP”)
|
North Carolina
|
Hale Partnership Fund, LP (“Hale Fund I”)
|
Delaware
|
MGEN II – Hale Fund, LP (“Hale Fund II”, and together with “Hale Fund I”, the “Hale Funds”)
|
Delaware
|
Steven A. Hale II (“Mr. Hale”, and together with Hale Adviser, Hale GP and the Hale Funds, the
“Hale Reporting Persons”)
|
N/A
|
TALANTA Investment Group, LLC (“TALANTA GP”);
|
Delaware
|
TALANTA Fund, LP (“TALANTA Fund”, and together with the “Hale Funds”, the “Funds”)
|
Delaware
|
Justyn R. Putnam (“Mr. Putnam”, and together with TALANTA GP and TALANTA Fund, the
“TALANTA Reporting Persons”)
|
N/A
|
|
(b)
|
Residence or Business Address
|
|
(c)
|
Present Principal Occupation or Employment and the Name, Principal Business and Address of any Corporation or Other Organization in Which Such Employment Is Conducted
|
Reporting Person
|
Principal Business or Occupation
|
Hale Adviser
|
Investment manager of Hale Funds
|
Hale GP
|
General partner of Hale Funds
|
Funds
|
Investment funds
|
Mr. Hale
|
Manager of Hale Adviser and Hale GP
|
TALANTA GP
|
General partner of TALANTA Fund
|
Mr. Putnam
|
Managing member of TALANTA GP
|
|
(d)
|
Criminal Convictions
|
|
(e)
|
Civil Proceedings
|
|
(f)
|
Citizenship.
|
Item 3.
|
Source and Amount of Funds or Other Consideration
|
Item 4.
|
Purpose of the Transaction
|
Item 5.
|
Interest in Securities of the Issuer
|
|
(c)
|
See Schedule A for transactions in the Common Stock by the Reporting Persons in the last 60 days.
|
|
(d)
|
None.
|
|
(e)
|
Not applicable.
|
Item 6.
|
Contract, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer
|
Exhibit Number
|
Description
|
1
|
Joint Filing Agreement
|
2
|
Director Nomination Notice to the Issuer dated November 4, 2014
|
Date: December 22, 2014
|
||||
HALE PARTNERSHIP CAPITAL MANAGEMENT, LLC
|
||||
By:
|
/s/ Steven A. Hale II | |||
Name:
|
Steven A. Hale II
|
|||
Title:
|
Manager
|
|||
HALE PARTNERSHIP CAPITAL ADVISORS, LLC
|
||||
By:
|
/s/ Steven A. Hale II | |||
Name:
|
Steven A. Hale II
|
|||
Title:
|
Manager
|
|||
HALE PARTNERSHIP FUND, LP
|
||||
By:
|
Hale Partnership Capital Advisors, LLC, its General Partner
|
|||
By:
|
/s/ Steven A. Hale II | |||
Name:
|
Steven A. Hale II
|
|||
Title:
|
Manager
|
|||
MGEN II – HALE FUND, LP
|
||||
By:
|
Hale Partnership Capital Advisors, LLC, its General Partner
|
|||
By:
|
/s/ Steven A. Hale II | |||
Name:
|
Steven A. Hale II
|
|||
Title:
|
Manager
|
|||
/s/ Steven A. Hale II | ||||
STEVEN A. HALE II
|
TALANTA INVESTMENT GROUP, LLC
|
||||
By:
|
/s/ Justyn R. Putnam | |||
Name:
|
Justyn R. Putnam
|
|||
Title:
|
Managing Member
|
|||
TALANTA FUND, LP
|
||||
By:
|
TALANTA Investment Group, LLC, its General Partner
|
|||
By:
|
/s/ Justyn R. Putnam | |||
Name:
|
Justyn R. Putnam
|
|||
Title:
|
Managing Member
|
|||
/s/ Justyn R. Putnam | ||||
JUSTYN R. PUTNAM
|
Beneficial Ownership
|
Transaction Date
|
Quantity
|
Price per Share
(excluding commission)
|
How Effected
|
Hale Partnership Fund LP
|
10/23/2014
|
479
|
2.7500
|
Open Market
|
Hale Partnership Fund LP
|
10/24/2014
|
455
|
2.7500
|
Open Market
|
Hale Partnership Fund LP
|
10/27/2014
|
475
|
2.7500
|
Open Market
|
Hale Partnership Fund LP
|
10/30/2014
|
1,366
|
2.7500
|
Open Market
|
Hale Partnership Fund LP
|
11/5/2014
|
4,461
|
2.8580
|
Open Market
|
Hale Partnership Fund LP
|
11/6/2014
|
1,139
|
2.8500
|
Open Market
|
Hale Partnership Fund LP
|
11/28/2014
|
2,818
|
2.7800
|
Open Market
|
Hale Partnership Fund LP
|
12/1/2014
|
1,090
|
2.7800
|
Open Market
|
Hale Partnership Fund LP
|
12/2/2014
|
7,909
|
2.7914
|
Open Market
|
Hale Partnership Fund LP
|
12/2/2014
|
8,999
|
2.8234
|
Open Market
|
Hale Partnership Fund LP
|
12/3/2014
|
1,727
|
2.7800
|
Open Market
|
Hale Partnership Fund LP
|
12/5/2014
|
1,446
|
2.7800
|
Open Market
|
Hale Partnership Fund LP
|
12/8/2014
|
273
|
2.7800
|
Open Market
|
Hale Partnership Fund LP
|
12/12/2014
|
4,557
|
2.5970
|
Open Market
|
Hale Partnership Fund LP
|
12/12/2014
|
9,115
|
2.5991
|
Open Market
|
Hale Partnership Fund LP
|
12/12/2014
|
9,115
|
2.5996
|
Open Market
|
Hale Partnership Fund LP
|
12/12/2014
|
9,114
|
2.5952
|
Open Market
|
Hale Partnership Fund LP
|
12/12/2014
|
9,114
|
2.5902
|
Open Market
|
Hale Partnership Fund LP
|
12/12/2014
|
9,114
|
2.6112
|
Open Market
|
Hale Partnership Fund LP
|
12/12/2014
|
9,114
|
2.5900
|
Open Market
|
Hale Partnership Fund LP
|
12/12/2014
|
22,878
|
2.6159
|
Open Market
|
Hale Partnership Fund LP
|
12/18/2014
|
13,671
|
2.7097
|
Open Market
|
Hale Partnership Fund LP
|
12/18/2014
|
4,557
|
2.7021
|
Open Market
|
Hale Partnership Fund LP
|
12/18/2014
|
2,490
|
2.7123
|
Open Market
|
MGEN II - Hale Fund, L.P.
|
10/23/2014
|
46
|
2.7500
|
Open Market
|
MGEN II - Hale Fund, L.P.
|
10/24/2014
|
45
|
2.7500
|
Open Market
|
MGEN II - Hale Fund, L.P.
|
10/27/2014
|
46
|
2.7500
|
Open Market
|
MGEN II - Hale Fund, L.P.
|
10/30/2014
|
134
|
2.7500
|
Open Market
|
MGEN II - Hale Fund, L.P.
|
11/5/2014
|
439
|
2.8580
|
Open Market
|
MGEN II - Hale Fund, L.P.
|
11/6/2014
|
111
|
2.8500
|
Open Market
|
MGEN II - Hale Fund, L.P.
|
11/28/2014
|
282
|
2.7800
|
Open Market
|
MGEN II - Hale Fund, L.P.
|
12/1/2014
|
110
|
2.7800
|
Open Market
|
MGEN II - Hale Fund, L.P.
|
12/2/2014
|
791
|
2.7914
|
Open Market
|
MGEN II - Hale Fund, L.P.
|
12/2/2014
|
901
|
2.8234
|
Open Market
|
Beneficial Ownership
|
Transaction Date
|
Quantity
|
Price per Share
(excluding commission)
|
How Effected
|
MGEN II - Hale Fund, L.P.
|
12/3/2014
|
173
|
2.7800
|
Open Market
|
MGEN II - Hale Fund, L.P.
|
12/5/2014
|
145
|
2.7800
|
Open Market
|
MGEN II - Hale Fund, L.P.
|
12/8/2014
|
27
|
2.7800
|
Open Market
|
MGEN II - Hale Fund, L.P.
|
12/12/2014
|
443
|
2.5970
|
Open Market
|
MGEN II - Hale Fund, L.P.
|
12/12/2014
|
885
|
2.5991
|
Open Market
|
MGEN II - Hale Fund, L.P.
|
12/12/2014
|
885
|
2.5996
|
Open Market
|
MGEN II - Hale Fund, L.P.
|
12/12/2014
|
886
|
2.5952
|
Open Market
|
MGEN II - Hale Fund, L.P.
|
12/12/2014
|
886
|
2.5902
|
Open Market
|
MGEN II - Hale Fund, L.P.
|
12/12/2014
|
886
|
2.6112
|
Open Market
|
MGEN II - Hale Fund, L.P.
|
12/12/2014
|
886
|
2.5900
|
Open Market
|
MGEN II - Hale Fund, L.P.
|
12/12/2014
|
2,222
|
2.6159
|
Open Market
|
MGEN II - Hale Fund, L.P.
|
12/18/2014
|
1,329
|
2.7097
|
Open Market
|
MGEN II - Hale Fund, L.P.
|
12/18/2014
|
443
|
2.7021
|
Open Market
|
MGEN II - Hale Fund, L.P.
|
12/18/2014
|
242
|
2.7123
|
Open Market
|
TALANTA Fund, LP
|
10/24/2014
|
20,100
|
2.7663
|
Open Market
|
TALANTA Fund, LP
|
11/18/2014
|
100
|
2.8500
|
Open Market
|
TALANTA Fund, LP
|
11/21/2014
|
100
|
2.8500
|
Open Market
|
TALANTA Fund, LP
|
11/21/2014
|
100
|
2.8500
|
Open Market
|
TALANTA Fund, LP
|
11/24/2014
|
100
|
2.8500
|
Open Market
|
TALANTA Fund, LP
|
11/24/2014
|
100
|
2.8500
|
Open Market
|
TALANTA Fund, LP
|
11/24/2014
|
100
|
2.8500
|
Open Market
|
TALANTA Fund, LP
|
11/24/2014
|
1,600
|
2.8500
|
Open Market
|
TALANTA Fund, LP
|
11/24/2014
|
100
|
2.8500
|
Open Market
|
TALANTA Fund, LP
|
11/24/2014
|
400
|
2.8500
|
Open Market
|
TALANTA Fund, LP
|
11/24/2014
|
100
|
2.8500
|
Open Market
|
TALANTA Fund, LP
|
11/24/2014
|
100
|
2.8500
|
Open Market
|
TALANTA Fund, LP
|
11/24/2014
|
100
|
2.8500
|
Open Market
|
TALANTA Fund, LP
|
11/24/2014
|
100
|
2.8500
|
Open Market
|
TALANTA Fund, LP
|
11/26/2014
|
100
|
2.8500
|
Open Market
|
TALANTA Fund, LP
|
11/26/2014
|
100
|
2.8500
|
Open Market
|
TALANTA Fund, LP
|
11/26/2014
|
100
|
2.8500
|
Open Market
|
TALANTA Fund, LP
|
11/26/2014
|
100
|
2.8500
|
Open Market
|
TALANTA Fund, LP
|
11/26/2014
|
400
|
2.8500
|
Open Market
|
TALANTA Fund, LP
|
11/26/2014
|
100
|
2.8500
|
Open Market
|
TALANTA Fund, LP
|
11/26/2014
|
100
|
2.8500
|
Open Market
|
TALANTA Fund, LP
|
11/26/2014
|
100
|
2.8500
|
Open Market
|
TALANTA Fund, LP
|
12/2/2014
|
100
|
2.7900
|
Open Market
|
TALANTA Fund, LP
|
12/2/2014
|
32
|
2.7900
|
Open Market
|
TALANTA Fund, LP
|
12/2/2014
|
100
|
2.7900
|
Open Market
|
TALANTA Fund, LP
|
12/2/2014
|
100
|
2.7900
|
Open Market
|
TALANTA Fund, LP
|
12/2/2014
|
100
|
2.7900
|
Open Market
|
TALANTA Fund, LP
|
12/2/2014
|
100
|
2.7900
|
Open Market
|
TALANTA Fund, LP
|
12/2/2014
|
100
|
2.7900
|
Open Market
|
TALANTA Fund, LP
|
12/2/2014
|
100
|
2.7900
|
Open Market
|
TALANTA Fund, LP
|
12/2/2014
|
200
|
2.7900
|
Open Market
|
Beneficial Ownership
|
Transaction Date
|
Quantity
|
Price per Share
(excluding commission)
|
How Effected
|
TALANTA Fund, LP
|
12/2/2014
|
100
|
2.7900
|
Open Market
|
TALANTA Fund, LP
|
12/2/2014
|
100
|
2.7900
|
Open Market
|
TALANTA Fund, LP
|
12/2/2014
|
100
|
2.7900
|
Open Market
|
TALANTA Fund, LP
|
12/2/2014
|
100
|
2.7900
|
Open Market
|
TALANTA Fund, LP
|
12/5/2014
|
100
|
2.7800
|
Open Market
|
TALANTA Fund, LP
|
12/5/2014
|
100
|
2.7800
|
Open Market
|
TALANTA Fund, LP
|
12/5/2014
|
100
|
2.7800
|
Open Market
|
TALANTA Fund, LP
|
12/5/2014
|
100
|
2.7800
|
Open Market
|
TALANTA Fund, LP
|
12/5/2014
|
300
|
2.7800
|
Open Market
|
TALANTA Fund, LP
|
12/5/2014
|
100
|
2.7800
|
Open Market
|
TALANTA Fund, LP
|
12/5/2014
|
100
|
2.7800
|
Open Market
|
TALANTA Fund, LP
|
12/5/2014
|
300
|
2.7800
|
Open Market
|
TALANTA Fund, LP
|
12/5/2014
|
300
|
2.7800
|
Open Market
|
TALANTA Fund, LP
|
12/5/2014
|
100
|
2.7800
|
Open Market
|
TALANTA Fund, LP
|
12/5/2014
|
300
|
2.7800
|
Open Market
|
TALANTA Fund, LP
|
12/5/2014
|
100
|
2.7800
|
Open Market
|
TALANTA Fund, LP
|
12/5/2014
|
100
|
2.7800
|
Open Market
|
TALANTA Fund, LP
|
12/5/2014
|
300
|
2.7800
|
Open Market
|
TALANTA Fund, LP
|
12/5/2014
|
100
|
2.7800
|
Open Market
|
TALANTA Fund, LP
|
12/5/2014
|
100
|
2.7800
|
Open Market
|
TALANTA Fund, LP
|
12/5/2014
|
100
|
2.7800
|
Open Market
|
TALANTA Fund, LP
|
12/9/2014
|
481
|
2.7800
|
Open Market
|
TALANTA Fund, LP
|
12/9/2014
|
386
|
2.7800
|
Open Market
|
TALANTA Fund, LP
|
12/9/2014
|
163
|
2.7800
|
Open Market
|
TALANTA Fund, LP
|
12/9/2014
|
100
|
2.8000
|
Open Market
|
TALANTA Fund, LP
|
12/9/2014
|
100
|
2.8000
|
Open Market
|
TALANTA Fund, LP
|
12/9/2014
|
100
|
2.7800
|
Open Market
|
TALANTA Fund, LP
|
12/9/2014
|
100
|
2.8000
|
Open Market
|
TALANTA Fund, LP
|
12/9/2014
|
370
|
2.7800
|
Open Market
|
TALANTA Fund, LP
|
12/9/2014
|
100
|
2.7800
|
Open Market
|
TALANTA Fund, LP
|
12/9/2014
|
100
|
2.7800
|
Open Market
|
TALANTA Fund, LP
|
12/9/2014
|
100
|
2.7800
|
Open Market
|
TALANTA Fund, LP
|
12/9/2014
|
100
|
2.8000
|
Open Market
|
TALANTA Fund, LP
|
12/10/2014
|
385
|
2.8300
|
Open Market
|
TALANTA Fund, LP
|
12/10/2014
|
300
|
2.8300
|
Open Market
|
TALANTA Fund, LP
|
12/10/2014
|
3,204
|
2.8300
|
Open Market
|
TALANTA Fund, LP
|
12/10/2014
|
11
|
2.8000
|
Open Market
|
TALANTA Fund, LP
|
12/10/2014
|
5,000
|
2.8000
|
Open Market
|
TALANTA Fund, LP
|
12/10/2014
|
5,000
|
2.8000
|
Open Market
|
TALANTA Fund, LP
|
12/11/2014
|
100
|
2.7800
|
Open Market
|
TALANTA Fund, LP
|
12/11/2014
|
450
|
2.7800
|
Open Market
|
TALANTA Fund, LP
|
12/11/2014
|
100
|
2.8000
|
Open Market
|
TALANTA Fund, LP
|
12/11/2014
|
100
|
2.8000
|
Open Market
|
TALANTA Fund, LP
|
12/11/2014
|
200
|
2.8000
|
Open Market
|
TALANTA Fund, LP
|
12/11/2014
|
100
|
2.8000
|
Open Market
|
TALANTA Fund, LP
|
12/11/2014
|
100
|
2.8000
|
Open Market
|
TALANTA Fund, LP
|
12/11/2014
|
2,100
|
2.8000
|
Open Market
|
Beneficial Ownership
|
Transaction Date
|
Quantity
|
Price per Share
(excluding commission)
|
How Effected
|
TALANTA Fund, LP
|
12/11/2014
|
200
|
2.8000
|
Open Market
|
TALANTA Fund, LP
|
12/11/2014
|
734
|
2.8000
|
Open Market
|
TALANTA Fund, LP
|
12/11/2014
|
366
|
2.8000
|
Open Market
|
TALANTA Fund, LP
|
12/11/2014
|
434
|
2.8000
|
Open Market
|
TALANTA Fund, LP
|
12/11/2014
|
366
|
2.8000
|
Open Market
|
TALANTA Fund, LP
|
12/11/2014
|
200
|
2.8000
|
Open Market
|
TALANTA Fund, LP
|
12/11/2014
|
400
|
2.7900
|
Open Market
|
TALANTA Fund, LP
|
12/11/2014
|
300
|
2.7900
|
Open Market
|
TALANTA Fund, LP
|
12/11/2014
|
1,450
|
2.7900
|
Open Market
|
TALANTA Fund, LP
|
12/11/2014
|
100
|
2.7900
|
Open Market
|
TALANTA Fund, LP
|
12/11/2014
|
1,300
|
2.7900
|
Open Market
|
TALANTA Fund, LP
|
12/11/2014
|
100
|
2.7800
|
Open Market
|
TALANTA Fund, LP
|
12/11/2014
|
500
|
2.7800
|
Open Market
|
TALANTA Fund, LP
|
12/11/2014
|
100
|
2.7800
|
Open Market
|
TALANTA Fund, LP
|
12/11/2014
|
100
|
2.7800
|
Open Market
|
TALANTA Fund, LP
|
12/11/2014
|
19
|
2.7800
|
Open Market
|
TALANTA Fund, LP
|
12/11/2014
|
100
|
2.7800
|
Open Market
|
TALANTA Fund, LP
|
12/11/2014
|
100
|
2.7800
|
Open Market
|
TALANTA Fund, LP
|
12/11/2014
|
100
|
2.7800
|
Open Market
|
TALANTA Fund, LP
|
12/11/2014
|
100
|
2.7900
|
Open Market
|
TALANTA Fund, LP
|
12/11/2014
|
100
|
2.7900
|
Open Market
|
TALANTA Fund, LP
|
12/11/2014
|
100
|
2.7900
|
Open Market
|
TALANTA Fund, LP
|
12/11/2014
|
500
|
2.7900
|
Open Market
|
TALANTA Fund, LP
|
12/11/2014
|
100
|
2.7900
|
Open Market
|
TALANTA Fund, LP
|
12/11/2014
|
250
|
2.7900
|
Open Market
|
TALANTA Fund, LP
|
12/11/2014
|
300
|
2.7900
|
Open Market
|
Exhibit Number
|
Description
|
1
|
Joint Filing Agreement
|
2
|
Director Nomination Notice to the Issuer dated November 4, 2014
|
Date: December 22, 2014
|
||||
HALE PARTNERSHIP CAPITAL MANAGEMENT, LLC
|
||||
By:
|
/s/ Steven A. Hale II | |||
Name:
|
Steven A. Hale II
|
|||
Title:
|
Manager
|
|||
HALE PARTNERSHIP CAPITAL ADVISORS, LLC
|
||||
By:
|
/s/ Steven A. Hale II | |||
Name:
|
Steven A. Hale II
|
|||
Title:
|
Manager
|
|||
HALE PARTNERSHIP FUND, LP
|
||||
By:
|
Hale Partnership Capital Advisors, LLC, its General Partner
|
|||
By:
|
/s/ Steven A. Hale II | |||
Name:
|
Steven A. Hale II
|
|||
Title:
|
Manager
|
|||
MGEN II – HALE FUND, LP
|
||||
By:
|
Hale Partnership Capital Advisors, LLC, its General Partner
|
|||
By:
|
/s/ Steven A. Hale II | |||
Name:
|
Steven A. Hale II
|
|||
Title:
|
Manager
|
|||
/s/ Steven A. Hale II | ||||
STEVEN A. HALE II
|
TALANTA INVESTMENT GROUP, LLC
|
||||
By:
|
/s/ Justyn R. Putnam | |||
Name:
|
Justyn R. Putnam
|
|||
Title:
|
Managing Member
|
|||
TALANTA FUND, LP
|
||||
By:
|
TALANTA Investment Group, LLC, its General Partner
|
|||
By:
|
/s/ Justyn R. Putnam | |||
Name:
|
Justyn R. Putnam
|
|||
Title:
|
Managing Member
|
|||
/s/ Justyn R. Putnam | ||||
JUSTYN R. PUTNAM
|
Re:
|
Proposal to Nominate Candidates for Election as Directors at the 2015 Annual Meeting of Stockholders of Stanley Furniture Company, Inc. (the “Corporation”)
|
|
(a)
|
the name and address of the stockholder who intends to make the nomination and of the person or persons to be nominated:
|
Talanta Fund, L.P.
401 N. Tryon Street, 10th Floor
Charlotte, NC 28202
|
Hale Partnership Fund, LP and
MGEN II – Hale Fund, LP
6100 Fairview Road, Suite 1220
Charlotte, NC 28210
|
|
(b)
|
a representation that the stockholder is a holder of record of stock of the Corporation entitled to vote at such meeting and intends to appear in person or by proxy at the meeting to nominate the person or persons specified in the notice:
|
|
(c)
|
a description of all arrangements or understandings between the stockholder and each nominee and any other person or persons (naming such person or persons) pursuant to which the nomination or nominations are to be made by the stockholders:
|
|
(d)
|
such other information regarding each nominee proposed by such stockholder as would be required to be included in a proxy statement filed pursuant to the proxy rules of the Securities and Exchange Commission, had the nominee been nominated, or intended to be nominated, by the Board of Directors:
|
|
(e)
|
the consent of each nominee to serve as a director of the Corporation if so elected:
|
Talanta Fund, L.P.
|
||
By: Talanta Investment Group LLC, General Partner
|
||
/s/ Justyn Putnam
|
||
By: Justyn Putnam, Managing Member
|
||
Hale Partnership Fund, LP
|
||
By: Hale Partnership Capital Advisors, LLC, General Partner
|
||
/s/ Steve Hale
|
||
By: Steve Hale, Managing Partner
|
||
MGEN II – Hale Fund, LP
|
||
By: Hale Partnership Capital Advisors, LLC, General Partner
|
||
/s/ Steve Hale
|
||
By: Steve Hale, Managing Partner
|
cc:
|
Mr. Michael P. Haley
|
To:
|
Stanley Furniture Company, Inc.
|
/s/ Jeffrey S. Gilliam
|
||
Jeffrey S. Gilliam
|
||
Date: October 31, 2014
|
To:
|
Stanley Furniture Company, Inc.
|
/s/ Robert E. Allen
|
||
Robert E. Allen
|
||
Date: October 31, 2014
|
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MEKI`IW-N]FW?[/2?^8LZ[I?2>OL>^ZW(MK8]];Z#9;2&.VNIMK=1^A>W=3:]
MOO\`ITW?N6)'9,P2*#I=/_H&-_Q3/^I"Q^I57]7Z[5AXV2[%9TEGVFVZL5O/
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MZ91A6WW5/M<_*?ZEWJ/+PY\-KW^_Z'Z.NNKV>STV)$*HD`?:Y6?]7^K78Y+N
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M!/X%#044%]@8&!A8&)P8W!D@&
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MN@G/">4)^PH1"B<*/0I4"FH*@0J8"JX*Q0K<"O,+"PLB"SD+40MI"X`+F`NP
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M$'X0FQ"Y$-<0]1$3$3$13Q%M$8P1JA')$>@2!Q(F$D429!*$$J,2PQ+C$P,3
M(Q-#$V,3@Q.D$\43Y10&%"<4211J%(L4K13.%/`5$A4T%585>!6;%;T5X!8#
M%B86219L%H\6LA;6%OH7'1=!%V47B1>N%](7]Q@;&$`891B*&*\8U1CZ&2`9
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M50#0K4`UZHTWM\(_YJ6>^0/QB^5.V?BR-M]Z]+;;V1A^Q]P-VGLA\;VUE-D.
MM%%FA%35@GQDVX-O-+2UHJ`^IG# B7"X.:X.KV-%UAO9MWTL
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MCNW4E2NZQTV@O%UVPU6LQW@M=I;8`ZFK1ON?;N9Z?]>O_2*#NO\`26ALWP7B
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M2'IR95-Z3E1C>FMC.60B/SX@/'@Z>&UP;65T82!X;6QN YL#A=Q;8R6/S6W
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