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
Derek D. Bork
Thompson Hine LLP
3900 Key Center
127 Public Square
Cleveland, Ohio 44114
(216) 566-5500
|
*
|
The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
|
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; AF
|
|||
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
1,504,255 Shares of Common Stock
|
|||
9
|
SOLE DISPOSITIVE POWER
0 Shares of Common Stock
|
|||
10
|
SHARED DISPOSITIVE POWER
1,504,255 Shares of Common Stock
|
|||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,504,255 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)
10.0% of the outstanding Common Stock
|
|||
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; AF
|
|||
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
1,504,255 Shares of Common Stock
|
|||
9
|
SOLE DISPOSITIVE POWER
0 Shares of Common Stock
|
|||
10
|
SHARED DISPOSITIVE POWER
1,504,255 Shares of Common Stock
|
|||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,504,255 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)
10.0% of the outstanding Common Stock
|
|||
14
|
TYPE OF REPORTING PERSON
OO
|
CUSIP NO. 854305208
|
13D/A
|
Page 4
|
1
|
NAMES OF REPORTING PERSONS
HALE PARTNERSHIP FUND, L.P.
|
|||
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
1,241,100 Shares of Common Stock
|
|||
9
|
SOLE DISPOSITIVE POWER
0 Shares of Common Stock
|
|||
10
|
SHARED DISPOSITIVE POWER
1,241,100 Shares of Common Stock
|
|||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,241,100 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)
8.2% of the outstanding Common Stock
|
|||
14
|
TYPE OF REPORTING PERSON
PN
|
CUSIP NO. 854305208
|
13D/A
|
Page 5
|
1
|
NAMES OF REPORTING PERSONS
MGEN II – HALE FUND, L.P.
|
|||
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
82,055 Shares of Common Stock
|
|||
9
|
SOLE DISPOSITIVE POWER
0 Shares of Common Stock
|
|||
10
|
SHARED DISPOSITIVE POWER
82,055 Shares of Common Stock
|
|||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
82,055 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)
0.5% of the outstanding Common Stock
|
|||
14
|
TYPE OF REPORTING PERSON
PN
|
CUSIP NO. 854305208
|
13D/A
|
Page 6
|
1
|
NAMES OF REPORTING PERSONS
CLARK – HALE FUND, L.P.
|
|||
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
181,100 Shares of Common Stock
|
|||
9
|
SOLE DISPOSITIVE POWER
0 Shares of Common Stock
|
|||
10
|
SHARED DISPOSITIVE POWER
181,100 Shares of Common Stock
|
|||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
181,100 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)
1.2% of the outstanding Common Stock
|
|||
14
|
TYPE OF REPORTING PERSON
PN
|
CUSIP NO. 854305208
|
13D/A
|
Page 7
|
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; AF
|
|||
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
1,504,255 Shares of Common Stock
|
|||
9
|
SOLE DISPOSITIVE POWER
0 Shares of Common Stock
|
|||
10
|
SHARED DISPOSITIVE POWER
1,504,255 Shares of Common Stock
|
|||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,504,255 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)
10.0% of the outstanding Common Stock
|
|||
14
|
TYPE OF REPORTING PERSON
IN
|
CUSIP NO. 854305208
|
13D/A
|
Page 8
|
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; AF
|
|||
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
740,896 Shares of Common Stock
|
|||
9
|
SOLE DISPOSITIVE POWER
0 Shares of Common Stock
|
|||
10
|
SHARED DISPOSITIVE POWER
740,896 Shares of Common Stock
|
|||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
740,896 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)
4.9% of the outstanding Common Stock
|
|||
14
|
TYPE OF REPORTING PERSON
OO
|
CUSIP NO. 854305208
|
13D/A
|
Page 9
|
1
|
NAMES OF REPORTING PERSONS
TALANTA FUND, L.P.
|
|||
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
740,896 Shares of Common Stock
|
|||
9
|
SOLE DISPOSITIVE POWER
0 Shares of Common Stock
|
|||
10
|
SHARED DISPOSITIVE POWER
740,896 Shares of Common Stock
|
|||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
740,896 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)
4.9% of the outstanding Common Stock
|
|||
14
|
TYPE OF REPORTING PERSON
PN
|
CUSIP NO. 854305208
|
13D/A
|
Page 10
|
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; AF
|
|||
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
740,896 Shares of Common Stock
|
|||
9
|
SOLE DISPOSITIVE POWER
0 Shares of Common Stock
|
|||
10
|
SHARED DISPOSITIVE POWER
740,896 Shares of Common Stock
|
|||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
740,896 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)
4.9% of the outstanding Common Stock
|
|||
14
|
TYPE OF REPORTING PERSON
IN
|
CUSIP NO. 854305208
|
13D/A
|
Page 11
|
CUSIP NO. 854305208
|
13D/A
|
Page 12
|
Beneficial Ownership
|
Transaction Date
|
Number of Shares Bought/(Sold)
|
Price per Share (excluding
commission) ($)
|
TALANTA Fund, L.P.
|
2/25/2016
|
3,650
|
$2.45
|
TALANTA Fund, L.P.
|
2/29/2016
|
4,000
|
$2.50
|
TALANTA Fund, L.P.
|
2/29/2016
|
100
|
$2.55
|
TALANTA Fund, L.P.
|
3/01/2016
|
40,000
|
$2.52
|
Clark - Hale Fund, L.P.
|
2/16/2016
|
100
|
$2.32
|
Clark - Hale Fund, L.P.
|
2/26/2016
|
50,000
|
$2.50
|
Clark - Hale Fund, L.P.
|
2/29/2016
|
50,000
|
$2.50
|
MGEN II - Hale Fund, L.P.
|
2/29/2016
|
25,000
|
$2.50
|
Hale Partnership Fund, L.P.
|
2/29/2016
|
500,132
|
$2.50
|
CUSIP NO. 854305208
|
13D/A
|
Page 13
|
Dated:
|
March 2, 2016 | |||
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, L.P.
|
||||
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, L.P.
|
||||
By: |
Hale Partnership Capital Advisors, LLC, its General Partner
|
|||
By: | /s/ Steven A. Hale II | |||
Name: | Steven A. Hale II | |||
|
Title:
|
Manager | ||
CLARK-HALE FUND, L.P. | ||||
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
|
CUSIP NO. 854305208
|
13D/A
|
Page 14
|
TALANTA INVESTMENT GROUP, LLC
|
||||
By: | /s/ Justyn R. Putnam | |||
Name: | Justyn R. Putnam | |||
Title:
|
Managing Member | |||
TALANTA FUND, L.P.
|
||||
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
|