0000919574-20-002358.txt : 20200311 0000919574-20-002358.hdr.sgml : 20200311 20200311181619 ACCESSION NUMBER: 0000919574-20-002358 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200309 FILED AS OF DATE: 20200311 DATE AS OF CHANGE: 20200311 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Solas Capital Management, LLC CENTRAL INDEX KEY: 0001604867 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34964 FILM NUMBER: 20706566 BUSINESS ADDRESS: STREET 1: 1063 POST ROAD STREET 2: 2ND FLOOR CITY: DARIEN STATE: CT ZIP: 06820 BUSINESS PHONE: 203-625-1300 MAIL ADDRESS: STREET 1: 1063 POST ROAD STREET 2: 2ND FLOOR CITY: DARIEN STATE: CT ZIP: 06820 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: FREDERICK TUCKER GOLDEN CENTRAL INDEX KEY: 0001609578 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34964 FILM NUMBER: 20706567 BUSINESS ADDRESS: STREET 1: C/O SOLAS CAPITAL MANAGEMENT, LLC STREET 2: 405 PARK AVENUE, 6TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-415-6659 MAIL ADDRESS: STREET 1: C/O SOLAS CAPITAL MANAGEMENT, LLC STREET 2: 405 PARK AVENUE, 6TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: HG Holdings, Inc. CENTRAL INDEX KEY: 0000797465 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 541272589 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 2115 E. 7TH STREET, SUITE 101 CITY: CHARLOTTE STATE: NC ZIP: 28211 BUSINESS PHONE: 252-355-4610 MAIL ADDRESS: STREET 1: 2115 E. 7TH STREET, SUITE 101 CITY: CHARLOTTE STATE: NC ZIP: 28211 FORMER COMPANY: FORMER CONFORMED NAME: STANLEY FURNITURE CO INC. DATE OF NAME CHANGE: 20060315 FORMER COMPANY: FORMER CONFORMED NAME: STANLEY FURNITURE CO INC/ DATE OF NAME CHANGE: 19930908 FORMER COMPANY: FORMER CONFORMED NAME: STANLEY FURNITURE CO INC DATE OF NAME CHANGE: 19930908 4 1 ownership.xml X0306 4 2020-03-09 0 0000797465 HG Holdings, Inc. STLY 0001604867 Solas Capital Management, LLC 1063 POST ROAD 2ND FLOOR DARIEN CT 06820 0 0 1 0 0001609578 FREDERICK TUCKER GOLDEN C/O SOLAS CAPITAL MANAGEMENT, LLC 1063 POST ROAD, 2ND FLOOR DARIEN CT 06820 0 0 1 0 Common Stock, par value $0.02 per share 2020-03-09 4 P 0 24586 0.5398 A 4193509 I See footnote Common Stock, par value $0.02 per share 2020-03-10 4 P 0 13757 0.55 A 4207266 I See footnote The securities reported herein are held in multiple accounts. Solas Capital Management, LLC may be deemed to be a beneficial owner of such securities by virtue of its role as the investment manager of such accounts. Frederick Tucker Golden may be deemed to be a beneficial owner of such securities by virtue of his role as the portfolio manager of Solas Capital Management, LLC. Each Reporting Person disclaims beneficial ownership in the securities reported on this Form 4 except to the extent of its or his pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. This constitutes the weighted average purchase price. The prices range from $0.535 to $0.5435. The Reporting Person will provide upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each separate price. SOLAS CAPITAL MANAGEMENT, LLC By: /s/ Frederick Tucker Golden Frederick Tucker Golden, Managing Member 2020-03-11 Frederick Tucker Golden /s/ Frederick Tucker Golden 2020-03-11