X0306
4
2014-03-10
0
0000865415
ADEPT TECHNOLOGY INC
ADEP
0001272935
HALE MARTIN M JR
17 STATE STREET, SUITE 3230
NEW YORK
NY
10004
1
0
1
1
See Remarks
Common Stock, par value $0.001 (the "Common Stock")
2014-03-10
4
S
0
148860
17.35
D
1321700
I
See footnote
The securities reported herein are indirectly held by Hale Capital Partners, LP, a Delaware limited partnership ("HCP") through HCP-ROBO, LLC, a Delaware limited liability company ("ROBO"), of which HCP is the sole member. Martin M. Hale, Jr. ("MH") is the Chief Executive Officer of HCP. MH is also (i) the sole owner and managing member of Hale Fund Partners, LLC, a Delaware limited liability company ("HFP"), the general partner of HCP and (ii) the sole owner and Chief Executive Officer of Hale Fund Management, LLC, a Delaware limited liability company ("HFM"), the general partner of Hale Capital Management, LP ("HCM"), the manager of HCP. Each of MH, ROBO, HCP, HFP, HFM and HCM disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein.
The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.00 to $17.70, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares acquired at each price within the range set forth herein.
MH serves on the Board of Directors of the Issuer as a representative of HCP. Accordingly, ROBO, HCP, HFP, HFM and HCM are directors by deputization by virtue of the fact that MH currently serves on the board of directors of the Issuer.
/s/ Martin M. Hale, Jr.
2014-03-11