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