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/A
|
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
579,266 Shares of Common Stock
|
||
9
|
SOLE DISPOSITIVE POWER
0 Shares of Common Stock
|
||
10
|
SHARED DISPOSITIVE POWER
579,266 Shares of Common Stock
|
||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
579,266 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)
3.9% 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/A
|
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
579,266 Shares of Common Stock
|
||
9
|
SOLE DISPOSITIVE POWER
0 Shares of Common Stock
|
||
10
|
SHARED DISPOSITIVE POWER
579,266 Shares of Common Stock
|
||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
579,266 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)
3.9% 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/A
|
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
527,650 Shares of Common Stock
|
||
9
|
SOLE DISPOSITIVE POWER
0 Shares of Common Stock
|
||
10
|
SHARED DISPOSITIVE POWER
527,650 Shares of Common Stock
|
||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
527,650 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)
3.6% 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/A
|
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
51,616 Shares of Common Stock
|
||
9
|
SOLE DISPOSITIVE POWER
0 Shares of Common Stock
|
||
10
|
SHARED DISPOSITIVE POWER
51,616 Shares of Common Stock
|
||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
51,616 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/A
|
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
579,266 Shares of Common Stock
|
||
9
|
SOLE DISPOSITIVE POWER
0 Shares of Common Stock
|
||
10
|
SHARED DISPOSITIVE POWER
579,266 Shares of Common Stock
|
||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
579,266 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)
3.9% 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 3.
|
Source and Amount of Funds or Other Consideration
|
Item 5.
|
Interest in Securities of the Issuer
|
Beneficial Ownership
|
Transaction Date
|
Quantity of Shares Purchased
|
Price per Share
(excluding commission)
|
How Effected
|
Hale Partnership Fund LP
|
12/23/2014
|
13,942
|
$2.74
|
Open Market
|
Hale Partnership Fund LP
|
12/23/2014
|
4,554
|
$2.70
|
Open Market
|
MGEN II – Hale Fund, L.P.
|
12/23/2014
|
1,365
|
$2.74
|
Open Market
|
MGEN II – Hale Fund, L.P.
|
12/23/2014
|
446
|
$2.70
|
Open Market
|
Date: December 30, 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
|