0001437749-20-013701.txt : 20200623
0001437749-20-013701.hdr.sgml : 20200623
20200623180908
ACCESSION NUMBER: 0001437749-20-013701
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200619
FILED AS OF DATE: 20200623
DATE AS OF CHANGE: 20200623
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: HULTQUIST MATTHEW
CENTRAL INDEX KEY: 0001270869
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34964
FILM NUMBER: 20983372
MAIL ADDRESS:
STREET 1: ONE CORPORATE CENTER
CITY: RYE
STATE: NY
ZIP: 10580
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
rdgdoc.xml
FORM 4
X0306
4
2020-06-19
0000797465
HG Holdings, Inc.
STLY
0001270869
HULTQUIST MATTHEW
2115 E. 7TH STREET
SUITE 101
CHARLOTTE
NC
28204
1
Common Stock, par value $0.02 per share
2020-06-19
4
M
0
209470
0.65
A
370030
I
Held in Trust for the benefit of Reporting Person
Common Stock, par value $0.02 per share
2000
D
Subscription Rights (right to buy)
0.65
2020-06-19
4
M
0
160560
0
D
2020-05-18
2020-06-19
Common Stock, par value $0.02 per share
209470
0
I
Held in Trust for the benefit of Reporting Person
Represents shares of the issuer's common stock purchased by the Reporting Person from the exercise of his basic subscription rights under the issuer's rights offering that expired June 19, 2020. Rights holders who fully exercised their basic subscription privilege were entitled to an over-subscription privilege in which they could subscribe for additional shares of common stock, subject to reduction in certain circumstances.
The Reporting Person elected to exercise his over-subscription privilege. However, because the over-subscription requests exceeded the number of shares of common stock available for sale in the rights offering, the issuer will allocate the available shares of common stock pro rata among each rights holder properly exercising their over-subscription privilege in proportion to the number of shares of common stock such person subscribed for under the basic subscription privilege. Consequently, the Reporting Person will receive additional shares of common stock to the extent that his over-subscription privilege is fulfilled, but the actual number of additional shares of common stock will not be known until the proration process has been completed. Such additional shares of common stock (once determined) will be reported on an amendment to this Form 4 or on a subsequent Form 4.
Shares held jointly with the Reporting Person's spouse.
/s/ Bradley G. Garner as Power of Attorney
2020-06-23