X0306 4 2017-12-08 0 0000797465 STANLEY FURNITURE CO INC. STLY 0001602824 Hale Partnership Capital Management, LLC 6100 FAIRVIEW ROAD SUITE 620 CHARLOTTE NC 28210 0 0 1 0 0001667535 Hale Steven A II 6100 FAIRVIEW ROAD SUITE 620 CHARLOTTE NC 28210 1 0 1 0 0001496265 Hale Partnership Fund, L.P. 6100 FAIRVIEW ROAD SUITE 620 CHARLOTTE NC 28210 0 0 1 0 Common Stock, par value $0.02 per share 2017-12-08 4 P 0 740896 0.98 A 1981996 I Hale Partnership Fund, L.P. Common Stock, par value $0.02 per share 82055 I MGEN II - Hale Fund, L.P. Common Stock, par value $0.02 per share 181100 I Clark - Hale Fund, L.P. The Reporting Persons beneficially own in the aggregate 2,245,151 shares of Common Stock, which represents approximately 15.05% of the Company's outstanding shares of Common Stock. Hale Partnership Capital Advisors, LLC ("Hale GP"), as general partner to each of Clark - Hale Fund, L.P., MGEN II - Hale Fund, L.P., and Hale Partnership Fund, L.P. (collectively, the "Hale Funds"), and Hale Partnership Capital Management, LLC ("Hale Advisor"), as the investment manager to the Hale Funds, may be deemed to be beneficial owners of the shares directly held by the Hale Funds. Each Reporting Person disclaims beneficial ownership of the shares referred to herein except to the extent of his or its pecuniary interest therein. As a principal of Hale GP and Hale Advisor, Steven A. Hale may be deemed to be the beneficial owner of the shares held by the Hale Funds. Steven A. Hale is a director of Stanley Furniture Company, Inc. /s/ Steven A. Hale II, Manager on behalf of Hale Partnership Capital Management, LLC 2017-12-12 /s/ Steven A. Hale II 2017-12-12 /s/ Steven A. Hale II, Manager of Hale Partnership Capital Advisors, LLC, its General Partner, on behalf of Hale Partnership Fund, L.P. 2017-12-12