Sec Form 4 Filing - Hale Partnership Capital Management, LLC @ STANLEY FURNITURE CO INC. - 2017-12-08

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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)
6100 FAIRVIEW ROAD, SUITE 620
3. Date of Earliest Transaction (MM/DD/YY)
12/08/2017
(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 12/08/2017 P 740,896 A $ 0.98 1,981,996 ( 1 ) ( 2 ) I Hale Partnership Fund, L.P.
Common Stock, par value $0.02 per share 82,055 ( 1 ) ( 2 ) I MGEN II - Hale Fund, L.P.
Common Stock, par value $0.02 per share 181,100 ( 1 ) ( 2 ) I Clark - Hale Fund, L.P.
(A)
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 (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
6100 FAIRVIEW ROAD
SUITE 620
CHARLOTTE, NC28210
X
Hale Steven A II
6100 FAIRVIEW ROAD
SUITE 620
CHARLOTTE, NC28210
X X
Hale Partnership Fund, L.P.
6100 FAIRVIEW ROAD
SUITE 620
CHARLOTTE, NC28210
X
Signatures
/s/ Steven A. Hale II, Manager on behalf of Hale Partnership Capital Management, LLC 12/12/2017
Signature of Reporting Person Date
/s/ Steven A. Hale II 12/12/2017
Signature of Reporting Person Date
/s/ Steven A. Hale II, Manager of Hale Partnership Capital Advisors, LLC, its General Partner, on behalf of Hale Partnership Fund, L.P. 12/12/2017
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 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.
( 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. Steven A. Hale is a director of Stanley Furniture Company, Inc.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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