STLY

SEC source: 0001604867-26-000008 · primary_doc.xml · nonDerivative · entry 1

Solas Capital Management, LLC · CIK 0001604867 · 10% owner

FREDERICK TUCKER GOLDEN · CIK 0001609578 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 702,487

F1 · ownership.nature: The securities reported herein are held in multiple accounts. Solas Capital Management, LLC may be deemed to be a beneficial owner of such securities by virtue of its role as the investment manager of such accounts. Frederick Tucker Golden may be deemed to be a beneficial owner of such securities by virtue of his role as the portfolio manager of Solas Capital Management, LLC. Each Reporting Person disclaims beneficial ownership in the securities reported on this Form 4 except to the extent of its or his pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

SEC source: 0001602824-25-000009 · primary_doc.xml · nonDerivative · entry 1

Hale Partnership Capital Management, LLC · CIK 0001602824 · 10% owner

Hale Partnership Fund, L.P. · CIK 0001496265 · 10% owner

Hale Steven A II · CIK 0001667535 · Director · Chairman and CEO · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By Clark - Hale Fund, L.P.

Disclosed balance after: 0

F1 · balance_after: Hale Partnership Capital Advisors, LLC ("Hale GP"), as the general partner to each of Hale Partnership Fund, L.P., Hale ICFG Fund, L.P., MGEN II - Hale Fund, L.P., Smith - Hale Fund, L.P., Dickinson - 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 its or his pecuniary interest therein.

F2 · balance_after: Does not include (i) 27,777 shares of Common Stock held directly by Mr. Hale or (ii) 1,511,983 shares of Common Stock held in a discretionary separately managed account for which Hale Advisor serves as investment manager.

SEC source: 0001604867-25-000006 · primary_doc.xml · nonDerivative · entry 1

Solas Capital Management, LLC · CIK 0001604867 · 10% owner

FREDERICK TUCKER GOLDEN · CIK 0001609578 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 762,727

F1 · ownership.nature: The securities reported herein are held in multiple accounts. Solas Capital Management, LLC may be deemed to be a beneficial owner of such securities by virtue of its role as the investment manager of such accounts. Frederick Tucker Golden may be deemed to be a beneficial owner of such securities by virtue of his role as the portfolio manager of Solas Capital Management, LLC. Each Reporting Person disclaims beneficial ownership in the securities reported on this Form 4 except to the extent of its or his pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

SEC source: 0001602824-25-000003 · primary_doc.xml · nonDerivative · entry 5

Hale Partnership Capital Management, LLC · CIK 0001602824 · 10% owner

Hale Steven A II · CIK 0001667535 · Director · Chairman and CEO · 10% owner

Hale Partnership Fund, L.P. · CIK 0001496265 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By Dickinson - Hale Fund, L.P.

Disclosed balance after: 87,704

F8 · price: The reporting person acquired the Common Stock in a privately negotiated transaction in exchange for shares of common stock and Class A stock of ACMAT and other assets having an estimated market value of approximately $662,251.

F2 · balance_after: Hale Partnership Capital Advisors, LLC ("Hale GP"), as the general partner to each of Hale Partnership Fund, L.P., Hale ICFG Fund, L.P., MGEN II - Hale Fund, L.P., Smith - Hale Fund, L.P., Dickinson - 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. (the "Company"). Each of Hale GP, Hale Advisor and Mr. Hale disclaims beneficial ownership of the shares referred to herein, except to the extent of its or his pecuniary interest therein.

F3 · balance_after: Does not include (i) 27,777 shares of Common Stock held directly by Mr. Hale or (ii) 1,511,983 shares of Common Stock held in a discretionary separately managed account for which Hale Advisor serves as investment manager.

SEC source: 0001602824-25-000003 · primary_doc.xml · nonDerivative · entry 4

Hale Partnership Capital Management, LLC · CIK 0001602824 · 10% owner

Hale Steven A II · CIK 0001667535 · Director · Chairman and CEO · 10% owner

Hale Partnership Fund, L.P. · CIK 0001496265 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By Smith - Hale Fund, L.P.

Disclosed balance after: 187,243

F7 · price: The reporting person acquired the Common Stock in a privately negotiated transaction in exchange for shares of common stock and Class A stock of ACMAT and other assets having an estimated market value of approximately $1,445,675.

F2 · balance_after: Hale Partnership Capital Advisors, LLC ("Hale GP"), as the general partner to each of Hale Partnership Fund, L.P., Hale ICFG Fund, L.P., MGEN II - Hale Fund, L.P., Smith - Hale Fund, L.P., Dickinson - 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. (the "Company"). Each of Hale GP, Hale Advisor and Mr. Hale disclaims beneficial ownership of the shares referred to herein, except to the extent of its or his pecuniary interest therein.

F3 · balance_after: Does not include (i) 27,777 shares of Common Stock held directly by Mr. Hale or (ii) 1,511,983 shares of Common Stock held in a discretionary separately managed account for which Hale Advisor serves as investment manager.

SEC source: 0001602824-25-000003 · primary_doc.xml · nonDerivative · entry 3

Hale Partnership Capital Management, LLC · CIK 0001602824 · 10% owner

Hale Steven A II · CIK 0001667535 · Director · Chairman and CEO · 10% owner

Hale Partnership Fund, L.P. · CIK 0001496265 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By MGEN II - Hale Fund, L.P.

Disclosed balance after: 63,100

F6 · price: The reporting person acquired the Common Stock in a privately negotiated transaction in exchange for shares of Class A stock of ACMAT and other assets having an estimated market value of approximately $256,269.

F2 · balance_after: Hale Partnership Capital Advisors, LLC ("Hale GP"), as the general partner to each of Hale Partnership Fund, L.P., Hale ICFG Fund, L.P., MGEN II - Hale Fund, L.P., Smith - Hale Fund, L.P., Dickinson - 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. (the "Company"). Each of Hale GP, Hale Advisor and Mr. Hale disclaims beneficial ownership of the shares referred to herein, except to the extent of its or his pecuniary interest therein.

F3 · balance_after: Does not include (i) 27,777 shares of Common Stock held directly by Mr. Hale or (ii) 1,511,983 shares of Common Stock held in a discretionary separately managed account for which Hale Advisor serves as investment manager.

SEC source: 0001602824-25-000003 · primary_doc.xml · nonDerivative · entry 2

Hale Partnership Capital Management, LLC · CIK 0001602824 · 10% owner

Hale Steven A II · CIK 0001667535 · Director · Chairman and CEO · 10% owner

Hale Partnership Fund, L.P. · CIK 0001496265 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By Hale ICFG Fund, L.P.

Disclosed balance after: 376,689

F5 · price: The reporting person acquired the Common Stock in a privately negotiated transaction in exchange for shares of common stock and Class A stock of ACMAT and other assets having an estimated market value of approximately $2,938,174.

F2 · balance_after: Hale Partnership Capital Advisors, LLC ("Hale GP"), as the general partner to each of Hale Partnership Fund, L.P., Hale ICFG Fund, L.P., MGEN II - Hale Fund, L.P., Smith - Hale Fund, L.P., Dickinson - 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. (the "Company"). Each of Hale GP, Hale Advisor and Mr. Hale disclaims beneficial ownership of the shares referred to herein, except to the extent of its or his pecuniary interest therein.

F3 · balance_after: Does not include (i) 27,777 shares of Common Stock held directly by Mr. Hale or (ii) 1,511,983 shares of Common Stock held in a discretionary separately managed account for which Hale Advisor serves as investment manager.

SEC source: 0001602824-25-000003 · primary_doc.xml · nonDerivative · entry 1

Hale Partnership Capital Management, LLC · CIK 0001602824 · 10% owner

Hale Steven A II · CIK 0001667535 · Director · Chairman and CEO · 10% owner

Hale Partnership Fund, L.P. · CIK 0001496265 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By Hale Partnership Fund, L.P.

Disclosed balance after: 1,550,439

F1 · price: The reporting person acquired the Common Stock in a privately negotiated transaction in exchange for shares of common stock and Class A stock of ACMAT Corporation ("ACMAT") and other assets having an estimated market value of approximately $6,609,938.

F2 · balance_after: Hale Partnership Capital Advisors, LLC ("Hale GP"), as the general partner to each of Hale Partnership Fund, L.P., Hale ICFG Fund, L.P., MGEN II - Hale Fund, L.P., Smith - Hale Fund, L.P., Dickinson - 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. (the "Company"). Each of Hale GP, Hale Advisor and Mr. Hale disclaims beneficial ownership of the shares referred to herein, except to the extent of its or his pecuniary interest therein.

F3 · balance_after: Does not include (i) 27,777 shares of Common Stock held directly by Mr. Hale or (ii) 1,511,983 shares of Common Stock held in a discretionary separately managed account for which Hale Advisor serves as investment manager.

F4 · balance_after: The amount of securities beneficially owned by Hale Partnership Fund, L.P. in the Form 4 filed on December 17, 2021 was incorrectly reported as 703,019 shares of Common Stock. Such Form 4 should have reported 703,011 shares of Common Stock beneficially owned by Hale Partnership Fund, L.P.

SEC source: 0001437749-22-029269 · rdgdoc.xml · nonDerivative · entry 1

Sherman Peter Mark · CIK 0001839216 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,702

SEC source: 0001437749-22-028920 · rdgdoc.xml · nonDerivative · entry 1

Sherman Peter Mark · CIK 0001839216 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,199

SEC source: 0001437749-22-028274 · rdgdoc.xml · nonDerivative · entry 2

Sherman Peter Mark · CIK 0001839216 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,699

SEC source: 0001437749-22-028274 · rdgdoc.xml · nonDerivative · entry 1

Sherman Peter Mark · CIK 0001839216 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,600

SEC source: 0001209191-21-070340 · doc4.xml · nonDerivative · entry 5

Hale Partnership Capital Management, LLC · CIK 0001602824 · 10% owner

Hale Steven A II · CIK 0001667535 · Director · Chairman and CEO · 10% owner

Hale Partnership Fund, L.P. · CIK 0001496265 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · Dickinson - Hale Fund, L.P.

Disclosed balance after: 2,800

F1 · balance_after: Hale Partnership Capital Advisors, LLC ("Hale GP"), as the general partner to each of Hale Partnership Fund, L.P., Clark - Hale Fund, L.P., MGEN II - Hale Fund, L.P., Smith - Hale Fund, L.P. and Dickinson - 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. (the "Company"). Each of Hale GP, Hale Advisor and Mr. Hale disclaims beneficial ownership of the shares referred to herein, except to the extent of its or his pecuniary interest therein.

F2 · balance_after: Does not include (i) 27,777 shares of Common Stock held directly by Mr. Hale pursuant to a restricted stock award granted to him in his individual capacity as Chairman and Chief Executive Officer of the Company or (ii) 139,326 shares of Common Stock held in a discretionary separately managed account for which Hale Advisor serves as investment manager.

SEC source: 0001437749-21-028643 · rdgdoc.xml · nonDerivative · entry 3

Sherman Peter Mark · CIK 0001839216 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,500

SEC source: 0001209191-21-069125 · doc4.xml · nonDerivative · entry 8

Hale Partnership Capital Management, LLC · CIK 0001602824 · 10% owner

Hale Steven A II · CIK 0001667535 · Director · Chairman and CEO · 10% owner

Hale Partnership Fund, L.P. · CIK 0001496265 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · Dickinson - Hale Fund, L.P.

Disclosed balance after: 2,700

F1 · balance_after: Hale Partnership Capital Advisors, LLC ("Hale GP"), as the general partner to each of Hale Partnership Fund, L.P., Clark - Hale Fund, L.P., MGEN II - Hale Fund, L.P., Smith - Hale Fund, L.P. and Dickinson - 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. (the "Company"). Each of Hale GP, Hale Advisor and Mr. Hale disclaims beneficial ownership of the shares referred to herein, except to the extent of its or his pecuniary interest therein.

F2 · balance_after: Does not include (i) 27,777 shares of Common Stock held directly by Mr. Hale pursuant to a restricted stock award granted to him in his individual capacity as Chairman and Chief Executive Officer of the Company or (ii) 139,326 shares of Common Stock held in a discretionary separately managed account for which Hale Advisor serves as investment manager.

SEC source: 0001209191-21-069125 · doc4.xml · nonDerivative · entry 7

Hale Partnership Capital Management, LLC · CIK 0001602824 · 10% owner

Hale Steven A II · CIK 0001667535 · Director · Chairman and CEO · 10% owner

Hale Partnership Fund, L.P. · CIK 0001496265 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · Dickinson - Hale Fund, L.P.

Disclosed balance after: 2,000

F1 · balance_after: Hale Partnership Capital Advisors, LLC ("Hale GP"), as the general partner to each of Hale Partnership Fund, L.P., Clark - Hale Fund, L.P., MGEN II - Hale Fund, L.P., Smith - Hale Fund, L.P. and Dickinson - 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. (the "Company"). Each of Hale GP, Hale Advisor and Mr. Hale disclaims beneficial ownership of the shares referred to herein, except to the extent of its or his pecuniary interest therein.

F2 · balance_after: Does not include (i) 27,777 shares of Common Stock held directly by Mr. Hale pursuant to a restricted stock award granted to him in his individual capacity as Chairman and Chief Executive Officer of the Company or (ii) 139,326 shares of Common Stock held in a discretionary separately managed account for which Hale Advisor serves as investment manager.

SEC source: 0001437749-21-028643 · rdgdoc.xml · nonDerivative · entry 2

Sherman Peter Mark · CIK 0001839216 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,300

SEC source: 0001437749-21-028643 · rdgdoc.xml · nonDerivative · entry 1

Sherman Peter Mark · CIK 0001839216 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 800

SEC source: 0001209191-21-069125 · doc4.xml · nonDerivative · entry 6

Hale Partnership Capital Management, LLC · CIK 0001602824 · 10% owner

Hale Steven A II · CIK 0001667535 · Director · Chairman and CEO · 10% owner

Hale Partnership Fund, L.P. · CIK 0001496265 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · Dickinson - Hale Fund, L.P.

Disclosed balance after: 1,300

F1 · balance_after: Hale Partnership Capital Advisors, LLC ("Hale GP"), as the general partner to each of Hale Partnership Fund, L.P., Clark - Hale Fund, L.P., MGEN II - Hale Fund, L.P., Smith - Hale Fund, L.P. and Dickinson - 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. (the "Company"). Each of Hale GP, Hale Advisor and Mr. Hale disclaims beneficial ownership of the shares referred to herein, except to the extent of its or his pecuniary interest therein.

F2 · balance_after: Does not include (i) 27,777 shares of Common Stock held directly by Mr. Hale pursuant to a restricted stock award granted to him in his individual capacity as Chairman and Chief Executive Officer of the Company or (ii) 139,326 shares of Common Stock held in a discretionary separately managed account for which Hale Advisor serves as investment manager.

SEC source: 0001209191-21-069125 · doc4.xml · nonDerivative · entry 5

Hale Partnership Capital Management, LLC · CIK 0001602824 · 10% owner

Hale Steven A II · CIK 0001667535 · Director · Chairman and CEO · 10% owner

Hale Partnership Fund, L.P. · CIK 0001496265 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · Dickinson - Hale Fund, L.P.

Disclosed balance after: 500

F1 · balance_after: Hale Partnership Capital Advisors, LLC ("Hale GP"), as the general partner to each of Hale Partnership Fund, L.P., Clark - Hale Fund, L.P., MGEN II - Hale Fund, L.P., Smith - Hale Fund, L.P. and Dickinson - 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. (the "Company"). Each of Hale GP, Hale Advisor and Mr. Hale disclaims beneficial ownership of the shares referred to herein, except to the extent of its or his pecuniary interest therein.

F2 · balance_after: Does not include (i) 27,777 shares of Common Stock held directly by Mr. Hale pursuant to a restricted stock award granted to him in his individual capacity as Chairman and Chief Executive Officer of the Company or (ii) 139,326 shares of Common Stock held in a discretionary separately managed account for which Hale Advisor serves as investment manager.

SEC source: 0001209191-21-067934 · doc4.xml · nonDerivative · entry 4

Hale Partnership Capital Management, LLC · CIK 0001602824 · 10% owner

Hale Steven A II · CIK 0001667535 · Director · Chairman and CEO · 10% owner

Hale Partnership Fund, L.P. · CIK 0001496265 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · Smith - Hale Fund, L.P.

Disclosed balance after: 1,900

F1 · balance_after: Hale Partnership Capital Advisors, LLC ("Hale GP"), as the general partner to each of Hale Partnership Fund, L.P., Clark - Hale Fund, L.P., MGEN II - Hale Fund, L.P. and Smith - 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. (the "Company"). Each of Hale GP, Hale Advisor and Mr. Hale disclaims beneficial ownership of the shares referred to herein, except to the extent of its or his pecuniary interest therein.

F2 · balance_after: Does not include (i) 27,777 shares of Common Stock held directly by Mr. Hale pursuant to a restricted stock award granted to him in his individual capacity as Chairman and Chief Executive Officer of the Company or (ii) 139,326 shares of Common Stock held in a discretionary separately managed account for which Hale Advisor serves as investment manager.

SEC source: 0001209191-21-067211 · doc4.xml · nonDerivative · entry 5

Hale Partnership Capital Management, LLC · CIK 0001602824 · 10% owner

Hale Steven A II · CIK 0001667535 · Director · Chairman and CEO · 10% owner

Hale Partnership Fund, L.P. · CIK 0001496265 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · Smith - Hale Fund, L.P.

Disclosed balance after: 900

F1 · balance_after: Hale Partnership Capital Advisors, LLC ("Hale GP"), as the general partner to each of Hale Partnership Fund, L.P., Clark - Hale Fund, L.P., MGEN II - Hale Fund, L.P. and Smith - 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. (the "Company"). Each of Hale GP, Hale Advisor and Mr. Hale disclaims beneficial ownership of the shares referred to herein, except to the extent of its or his pecuniary interest therein.

F2 · balance_after: Does not include (i) 27,777 shares of Common Stock held directly by Mr. Hale pursuant to a restricted stock award granted to him in his individual capacity as Chairman and Chief Executive Officer of the Company or (ii) 139,326 shares of Common Stock held in a discretionary separately managed account for which Hale Advisor serves as investment manager.

SEC source: 0001209191-21-067211 · doc4.xml · nonDerivative · entry 4

Hale Partnership Capital Management, LLC · CIK 0001602824 · 10% owner

Hale Steven A II · CIK 0001667535 · Director · Chairman and CEO · 10% owner

Hale Partnership Fund, L.P. · CIK 0001496265 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · Smith - Hale Fund, L.P.

Disclosed balance after: 800

F1 · balance_after: Hale Partnership Capital Advisors, LLC ("Hale GP"), as the general partner to each of Hale Partnership Fund, L.P., Clark - Hale Fund, L.P., MGEN II - Hale Fund, L.P. and Smith - 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. (the "Company"). Each of Hale GP, Hale Advisor and Mr. Hale disclaims beneficial ownership of the shares referred to herein, except to the extent of its or his pecuniary interest therein.

F2 · balance_after: Does not include (i) 27,777 shares of Common Stock held directly by Mr. Hale pursuant to a restricted stock award granted to him in his individual capacity as Chairman and Chief Executive Officer of the Company or (ii) 139,326 shares of Common Stock held in a discretionary separately managed account for which Hale Advisor serves as investment manager.

SEC source: 0000919574-21-003012 · ownership.xml · nonDerivative · entry 2

Solas Capital Management, LLC · CIK 0001604867 · 10% owner

FREDERICK TUCKER GOLDEN · CIK 0001609578 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 13,980,619

F1 · kind: These transactions are rebalancing transactions between different accounts.

F1 · balance_after: These transactions are rebalancing transactions between different accounts.

F2 · ownership.nature: The securities reported herein are held in multiple accounts. Solas Capital Management, LLC may be deemed to be a beneficial owner of such securities by virtue of its role as the investment manager of such accounts. Frederick Tucker Golden may be deemed to be a beneficial owner of such securities by virtue of his role as the portfolio manager of Solas Capital Management, LLC. Each Reporting Person disclaims beneficial ownership in the securities reported on this Form 4 except to the extent of its or his pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

SEC source: 0000919574-21-003012 · ownership.xml · nonDerivative · entry 1

Solas Capital Management, LLC · CIK 0001604867 · 10% owner

FREDERICK TUCKER GOLDEN · CIK 0001609578 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 13,980,619

F1 · kind: These transactions are rebalancing transactions between different accounts.

F1 · balance_after: These transactions are rebalancing transactions between different accounts.

F2 · ownership.nature: The securities reported herein are held in multiple accounts. Solas Capital Management, LLC may be deemed to be a beneficial owner of such securities by virtue of its role as the investment manager of such accounts. Frederick Tucker Golden may be deemed to be a beneficial owner of such securities by virtue of his role as the portfolio manager of Solas Capital Management, LLC. Each Reporting Person disclaims beneficial ownership in the securities reported on this Form 4 except to the extent of its or his pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

SEC source: 0001209191-20-039278 · doc4.xml · nonDerivative · entry 3

Hale Partnership Capital Management, LLC · CIK 0001602824 · 10% owner

Hale Steven A II · CIK 0001667535 · Director · Chairman and CEO · 10% owner

Hale Partnership Fund, L.P. · CIK 0001496265 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · MGEN II - Hale Fund, L.P.

Disclosed balance after: 362,947

F1 · balance_after: 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 · balance_after: 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.

SEC source: 0001209191-20-039278 · doc4.xml · nonDerivative · entry 2

Hale Partnership Capital Management, LLC · CIK 0001602824 · 10% owner

Hale Steven A II · CIK 0001667535 · Director · Chairman and CEO · 10% owner

Hale Partnership Fund, L.P. · CIK 0001496265 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · Clark - Hale Fund, L.P.

Disclosed balance after: 1,172,137

F1 · balance_after: 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 · balance_after: 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.

SEC source: 0001209191-20-039278 · doc4.xml · nonDerivative · entry 1

Hale Partnership Capital Management, LLC · CIK 0001602824 · 10% owner

Hale Steven A II · CIK 0001667535 · Director · Chairman and CEO · 10% owner

Hale Partnership Fund, L.P. · CIK 0001496265 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · Hale Partnership Fund, L.P.

Disclosed balance after: 8,436,144

F1 · balance_after: 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 · balance_after: 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.

SEC source: 0000919574-20-004273 · ownership.xml · derivative · entry 2

Solas Capital Management, LLC · CIK 0001604867 · 10% owner

FREDERICK TUCKER GOLDEN · CIK 0001609578 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 0

Underlying: Common Stock, par value $0.02 per share · 5,488,897 shares

Expires 2020-06-19

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · ownership.nature: The securities reported herein are held in multiple accounts. Solas Capital Management, LLC may be deemed to be a beneficial owner of such securities by virtue of its role as the investment manager of such accounts. Frederick Tucker Golden may be deemed to be a beneficial owner of such securities by virtue of his role as the portfolio manager of Solas Capital Management, LLC. Each Reporting Person disclaims beneficial ownership in the securities reported on this Form 4 except to the extent of its or his pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

SEC source: 0000919574-20-004273 · ownership.xml · nonDerivative · entry 1

Solas Capital Management, LLC · CIK 0001604867 · 10% owner

FREDERICK TUCKER GOLDEN · CIK 0001609578 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 9,696,163

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Represents shares of the issuer's common stock purchased by the Reporting Persons from the exercise of their 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.

F2 · shares: The Reporting Persons elected to exercise their 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 Persons will receive additional shares of common stock to the extent that its 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.

F3 · ownership.nature: The securities reported herein are held in multiple accounts. Solas Capital Management, LLC may be deemed to be a beneficial owner of such securities by virtue of its role as the investment manager of such accounts. Frederick Tucker Golden may be deemed to be a beneficial owner of such securities by virtue of his role as the portfolio manager of Solas Capital Management, LLC. Each Reporting Person disclaims beneficial ownership in the securities reported on this Form 4 except to the extent of its or his pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

SEC source: 0001437749-20-013702 · rdgdoc.xml · derivative · entry 4

Garner Bradley G · CIK 0001736405 · CFO and CAO

10b5-1 filing: Not disclosed

Ownership: Indirect · By wife

Disclosed balance after: 0

Underlying: Common Stock, par value $0.02 per share · 150 shares

Expires 2020-06-19

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · balance_after: The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this Form 4 shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

SEC source: 0001437749-20-013702 · rdgdoc.xml · derivative · entry 3

Garner Bradley G · CIK 0001736405 · CFO and CAO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock, par value $0.02 per share · 495 shares

Expires 2020-06-19

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001437749-20-013702 · rdgdoc.xml · nonDerivative · entry 2

Garner Bradley G · CIK 0001736405 · CFO and CAO

10b5-1 filing: Not disclosed

Ownership: Indirect · By wife

Disclosed balance after: 265

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: 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.

F2 · shares: 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.

F3 · balance_after: The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this Form 4 shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

SEC source: 0001437749-20-013702 · rdgdoc.xml · nonDerivative · entry 1

Garner Bradley G · CIK 0001736405 · CFO and CAO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 84,208

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: 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.

F2 · shares: 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.

SEC source: 0001209191-20-038547 · doc4.xml · nonDerivative · entry 3

Hale Partnership Capital Management, LLC · CIK 0001602824 · 10% owner

Hale Steven A II · CIK 0001667535 · Director · Chairman and CEO · 10% owner

Hale Partnership Fund, L.P. · CIK 0001496265 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · MGEN II - Hale Fund, L.P.

Disclosed balance after: 304,337

F1 · balance_after: 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 · balance_after: 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.

SEC source: 0001209191-20-038547 · doc4.xml · nonDerivative · entry 2

Hale Partnership Capital Management, LLC · CIK 0001602824 · 10% owner

Hale Steven A II · CIK 0001667535 · Director · Chairman and CEO · 10% owner

Hale Partnership Fund, L.P. · CIK 0001496265 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · Clark - Hale Fund, L.P.

Disclosed balance after: 757,071

F1 · balance_after: 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 · balance_after: 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.

SEC source: 0001209191-20-038547 · doc4.xml · nonDerivative · entry 1

Hale Partnership Capital Management, LLC · CIK 0001602824 · 10% owner

Hale Steven A II · CIK 0001667535 · Director · Chairman and CEO · 10% owner

Hale Partnership Fund, L.P. · CIK 0001496265 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · Hale Partnership Fund, L.P.

Disclosed balance after: 5,448,809

F1 · balance_after: 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 · balance_after: 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.

SEC source: 0001437749-20-013701 · rdgdoc.xml · derivative · entry 3

HULTQUIST MATTHEW · CIK 0001270869 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · Held in Trust for the benefit of Reporting Person

Disclosed balance after: 0

Underlying: Common Stock, par value $0.02 per share · 209,470 shares

Expires 2020-06-19

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001437749-20-013701 · rdgdoc.xml · nonDerivative · entry 1

HULTQUIST MATTHEW · CIK 0001270869 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · Held in Trust for the benefit of Reporting Person

Disclosed balance after: 370,030

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: 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.

F2 · shares: 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.

SEC source: 0001437749-20-013795 · rdgdoc.xml · derivative · entry 2

GILLIAM JEFFREY STUART · CIK 0001634328 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock, par value $0.02 per share · 20,979 shares

Expires 2020-06-19

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001437749-20-013795 · rdgdoc.xml · nonDerivative · entry 1

GILLIAM JEFFREY STUART · CIK 0001634328 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 49,991

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: 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.

SEC source: 0000919574-20-004353 · ownership.xml · nonDerivative · entry 1

Solas Capital Management, LLC · CIK 0001604867 · 10% owner

FREDERICK TUCKER GOLDEN · CIK 0001609578 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 13,980,619

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Represents shares of the issuer's common stock purchased by the Reporting Persons from the exercise of their over-subscription privilege in connection with the issuer's rights offering that expired June 19, 2020. As reported in the previous Form 4 filed by the Reporting Persons on June 23, 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. Because the over-subscription requests exceeded the number of shares of common stock available for sale in the rights offering, the issuer allocated 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.

F2 · shares: The Reporting Persons received additional shares of common stock to the extent that its over-subscription privilege was fulfilled, as reported herein. The number of shares of common stock received by the Reporting Persons was not determined until June 29, 2020.

F3 · ownership.nature: The securities reported herein are held in multiple accounts. Solas Capital Management, LLC may be deemed to be a beneficial owner of such securities by virtue of its role as the investment manager of such accounts. Frederick Tucker Golden may be deemed to be a beneficial owner of such securities by virtue of his role as the portfolio manager of Solas Capital Management, LLC. Each Reporting Person disclaims beneficial ownership in the securities reported on this Form 4 except to the extent of its or his pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

SEC source: 0001437749-20-014123 · rdgdoc.xml · nonDerivative · entry 1

HULTQUIST MATTHEW · CIK 0001270869 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · Held in Trust for the benefit of Reporting Person

Disclosed balance after: 460,560

F1 · shares: Represents shares of the issuer's common stock purchased by the Reporting Person pursuant to his over-subscription privilege in the issuer's rights offering completed on 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. The number of shares acquired by the Reporting Person pursuant to the over-subscription privilege was not known until June 25, 2020.

SEC source: 0001437749-20-014121 · rdgdoc.xml · nonDerivative · entry 2

Garner Bradley G · CIK 0001736405 · CFO and CAO

10b5-1 filing: Not disclosed

Ownership: Indirect · By wife

Disclosed balance after: 408

F1 · shares: 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 Represents shares of the issuer's common stock purchased by the Reporting Person pursuant to his over-subscription privilege in the issuer's rights offering completed on 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. The number of shares acquired by the Reporting Person pursuant to the over-subscription privilege was not known until June 25, 2020.

F2 · balance_after: The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this Form 4 shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

SEC source: 0001437749-20-014121 · rdgdoc.xml · nonDerivative · entry 1

Garner Bradley G · CIK 0001736405 · CFO and CAO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 84,686

F1 · shares: 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 Represents shares of the issuer's common stock purchased by the Reporting Person pursuant to his over-subscription privilege in the issuer's rights offering completed on 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. The number of shares acquired by the Reporting Person pursuant to the over-subscription privilege was not known until June 25, 2020.

SEC source: 0000919574-20-002358 · ownership.xml · nonDerivative · entry 2

Solas Capital Management, LLC · CIK 0001604867 · 10% owner

FREDERICK TUCKER GOLDEN · CIK 0001609578 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 4,207,266

F1 · ownership.nature: The securities reported herein are held in multiple accounts. Solas Capital Management, LLC may be deemed to be a beneficial owner of such securities by virtue of its role as the investment manager of such accounts. Frederick Tucker Golden may be deemed to be a beneficial owner of such securities by virtue of his role as the portfolio manager of Solas Capital Management, LLC. Each Reporting Person disclaims beneficial ownership in the securities reported on this Form 4 except to the extent of its or his pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

SEC source: 0000919574-20-002358 · ownership.xml · nonDerivative · entry 1

Solas Capital Management, LLC · CIK 0001604867 · 10% owner

FREDERICK TUCKER GOLDEN · CIK 0001609578 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 4,193,509

F2 · price: This constitutes the weighted average purchase price. The prices range from $0.535 to $0.5435. The Reporting Person will provide upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each separate price.

F1 · ownership.nature: The securities reported herein are held in multiple accounts. Solas Capital Management, LLC may be deemed to be a beneficial owner of such securities by virtue of its role as the investment manager of such accounts. Frederick Tucker Golden may be deemed to be a beneficial owner of such securities by virtue of his role as the portfolio manager of Solas Capital Management, LLC. Each Reporting Person disclaims beneficial ownership in the securities reported on this Form 4 except to the extent of its or his pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

SEC source: 0000919574-20-002140 · ownership.xml · nonDerivative · entry 3

Solas Capital Management, LLC · CIK 0001604867 · 10% owner

FREDERICK TUCKER GOLDEN · CIK 0001609578 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 4,168,923

F1 · ownership.nature: The securities reported herein are held in multiple accounts. Solas Capital Management, LLC may be deemed to be a beneficial owner of such securities by virtue of its role as the investment manager of such accounts. Frederick Tucker Golden may be deemed to be a beneficial owner of such securities by virtue of his role as the portfolio manager of Solas Capital Management, LLC. Each Reporting Person disclaims beneficial ownership in the securities reported on this Form 4 except to the extent of its or his pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

SEC source: 0000919574-20-002140 · ownership.xml · nonDerivative · entry 2

Solas Capital Management, LLC · CIK 0001604867 · 10% owner

FREDERICK TUCKER GOLDEN · CIK 0001609578 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 4,140,923

F1 · ownership.nature: The securities reported herein are held in multiple accounts. Solas Capital Management, LLC may be deemed to be a beneficial owner of such securities by virtue of its role as the investment manager of such accounts. Frederick Tucker Golden may be deemed to be a beneficial owner of such securities by virtue of his role as the portfolio manager of Solas Capital Management, LLC. Each Reporting Person disclaims beneficial ownership in the securities reported on this Form 4 except to the extent of its or his pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

SEC source: 0000919574-20-002140 · ownership.xml · nonDerivative · entry 1

Solas Capital Management, LLC · CIK 0001604867 · 10% owner

FREDERICK TUCKER GOLDEN · CIK 0001609578 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 4,090,923

F1 · ownership.nature: The securities reported herein are held in multiple accounts. Solas Capital Management, LLC may be deemed to be a beneficial owner of such securities by virtue of its role as the investment manager of such accounts. Frederick Tucker Golden may be deemed to be a beneficial owner of such securities by virtue of his role as the portfolio manager of Solas Capital Management, LLC. Each Reporting Person disclaims beneficial ownership in the securities reported on this Form 4 except to the extent of its or his pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.