Hale Partnership Capital Management, LLC 4
4 · HG Holdings, Inc. · Filed Jun 23, 2020
Insider Transaction Report
Form 4
Transactions
- Purchase
Common Stock, par value $0.02 per share
2020-06-19$0.65/sh+172,282$111,983→ 304,337 total(indirect: MGEN II - Hale Fund, L.P.) - Purchase
Common Stock, par value $0.02 per share
2020-06-19$0.65/sh+3,084,514$2,004,934→ 5,448,809 total(indirect: By Partnership) - Purchase
Common Stock, par value $0.02 per share
2020-06-19$0.65/sh+428,570$278,571→ 757,071 total(indirect: Clark - Hale Fund, L.P.)
Footnotes (2)
- [F1]Hale Partnership Capital Advisors, LLC ("Hale GP"), as general partner to each of Hale Partnership Fund, L.P., MGEN II - Hale Fund, L.P., and Clark - Hale Fund, L.P. (collectively, the "Hale Funds"), Hale Partnership Capital Management, LLC ("Hale Advisor"), as the investment manager to each of the Hale Funds, and Steven A. Hale II ("Mr. Hale"), as a principal of each of Hale GP and Hale Advisor, may be deemed to be beneficial owners of the shares held directly by the Hale Funds. Mr. Hale is the Chairman and Chief Executive Officer and a director of HG Holdings, Inc. Each of Hale GP, Hale Advisor and Mr. Hale disclaims beneficial ownership of the shares referred to herein except to the extent of his or its pecuniary interest therein.
- [F2]Does not include (i) 333,333 shares of Common Stock held directly by Mr. Hale pursuant to a restricted stock award granted to him in his individual capacity as Chairman of the Board and Chief Executive Officer of the Company or (ii) 1,671,921 shares of Common Stock held in a discretionary separately managed account for which Hale Advisor serves as investment manager.