Sec Form 4 Filing - Hale Partnership Capital Management, LLC @ STANLEY FURNITURE CO INC. - 2016-02-26

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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Hale Partnership Capital Management, LLC
2. Issuer Name and Ticker or Trading Symbol
STANLEY FURNITURE CO INC. [ STLY]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
5960 FAIRVIEW ROAD, SUITE 432
3. Date of Earliest Transaction (MM/DD/YY)
02/26/2016
(Street)
CHARLOTTE, NC28210
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $0.02 per share 02/26/2016 P 50,000 A $ 2.5 131,100 ( 1 ) ( 2 ) I Clark - Hale Fund, L.P.
Common Stock, par value $0.02 per share 02/29/2016 P 50,000 A $ 2.5 181,100 ( 1 ) ( 2 ) I Clark - Hale Fund, L.P.
Common Stock, par value $0.02 per share 02/29/2016 P 4,000 A $ 2.5 700,796 ( 1 ) ( 2 ) I TALANTA Fund, L.P.
Common Stock, par value $0.02 per share 02/29/2016 P 100 A $ 2.55 700,896 ( 1 ) ( 2 ) I TALANTA Fund, L.P.
Common Stock, par value $0.02 per share 02/29/2016 P 500,132 A $ 2.5 1,241,100 ( 1 ) ( 2 ) I Hale Partnership Fund, L.P.
Common Stock, par value $0.02 per share 02/29/2016 P 25,000 A $ 2.5 82,055 ( 1 ) ( 2 ) I MGEN II - Hale Fund, L.P.
Common Stock, par value $0.02 per share 03/01/2016 P 40,000 A $ 2.52 740,896 ( 1 ) ( 2 ) I TALANTA Fund, L.P.
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Hale Partnership Capital Management, LLC
5960 FAIRVIEW ROAD
SUITE 432
CHARLOTTE, NC28210
X
TALANTA Investment Group, LLC
401 N. TRYON STREET
10TH FLOOR
CHARLOTTE, NC28202
X X
Hale Steven A II
5960 FAIRVIEW ROAD
SUITE 432
CHARLOTTE, NC28210
X
PUTNAM JUSTYN RENDAL
200 N. HAMILTON STREET, NO. 200
HIGH POINT, NC27260
X X
Signatures
/s/ Steven A. Hale II, Manager on behalf of Hale Partnership Capital Management, LLC 03/01/2016
Signature of Reporting Person Date
/s/ Justyn R. Putnam, Managing Member, on behalf of Talanta Investment Group, LLC 03/01/2016
Signature of Reporting Person Date
/s/ Steven A. Hale II 03/01/2016
Signature of Reporting Person Date
/s/ Justyn R. Putnam 03/01/2016
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The Reporting Persons beneficially own in the aggregate 2,245,151 shares of Common Stock, which represents approximately 14.9% of the Company's outstanding shares of Common Stock. The Hale Funds hold 1,504,255 shares, and the TALANTA Fund holds 740,896 shares. 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. TALANTA Investment Group, LLC ( "TALANTA GP"), as general partner to TALANTA Fund, L.P. (the "TALANTA Fund"), may be deemed to be the beneficial owner of the shares directly held by the TALANTA Fund.
( 2 )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. As a principal of TALANTA GP, Justyn R. Putnam may be deemed to be the beneficial owner of the shares held by the TALANTA Fund. Each Reporting Person disclaims beneficial ownership of the shares referred to herein except to the extent of his or its pecuniary interest therein.

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