Amended Statement of Beneficial Ownership (sc 13d/a)
October 29 2015 - 6:04AM
Edgar (US Regulatory)
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A
Under the Securities Exchange Act of 1934
(Amendment No. 5)
ADEPT TECHNOLOGY, INC.
(Name of Issuer)
Common Stock, Par Value $0.001 Per Share
(Title of Class of Securities)
006854202
(CUSIP Number)
Martin M. Hale, Jr.
17 State Street, Suite 3230
New York, NY 10004
(212) 751-8800
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
October 23, 2015
(Date of Event Which Requires Filing of This Statement)
If the filing person has previously filed a statement on Schedule
13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e),
Rule 13d-1(f) or Rule 13d-1(g), check the following box. ¨
(Page 1 of 14 Pages)
______________________________
* The remainder of this cover page shall be filled out for a
reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment
containing information which would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page
shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act")
or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however,
see the Notes).
1 |
NAME OF REPORTING PERSON
Martin M. Hale, Jr.
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2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
(a) ¨
(b) x |
3 |
SEC USE ONLY |
4 |
SOURCE OF FUNDS
AF
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5 |
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) |
¨ |
6 |
CITIZENSHIP OR PLACE OF ORGANIZATION
United States
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH: |
7 |
SOLE VOTING POWER
0
|
8 |
SHARED VOTING POWER
0
|
9 |
SOLE DISPOSITIVE POWER
0
|
10 |
SHARED DISPOSITIVE POWER
0
|
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON
0
|
12 |
CHECK IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES |
¨
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13 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0%
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14 |
TYPE OF REPORTING PERSON
IN
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1 |
NAME OF REPORTING PERSON
Hale Capital Management, LP
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2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
(a) ¨
(b) x |
3 |
SEC USE ONLY |
4 |
SOURCE OF FUNDS
AF
|
5 |
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) |
¨ |
6 |
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH: |
7 |
SOLE VOTING POWER
0
|
8 |
SHARED VOTING POWER
0
|
9 |
SOLE DISPOSITIVE POWER
0
|
10 |
SHARED DISPOSITIVE POWER
0
|
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON
0
|
12 |
CHECK IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES |
¨
|
13 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0%
|
14 |
TYPE OF REPORTING PERSON
PN
|
|
|
|
|
1 |
NAME OF REPORTING PERSON
Hale Capital Partners, LP
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2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
(a) ¨
(b) x |
3 |
SEC USE ONLY |
4 |
SOURCE OF FUNDS
WC, AF
|
5 |
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) |
¨ |
6 |
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH: |
7 |
SOLE VOTING POWER
0
|
8 |
SHARED VOTING POWER
0
|
9 |
SOLE DISPOSITIVE POWER
0
|
10 |
SHARED DISPOSITIVE POWER
0
|
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON
0
|
12 |
CHECK IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES |
¨
(See Item 5) |
13 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0%
|
14 |
TYPE OF REPORTING PERSON
PN
|
|
|
|
|
1 |
NAME OF REPORTING PERSON
HCP-ROBO, LLC
|
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
(a) ¨
(b) x |
3 |
SEC USE ONLY |
4 |
SOURCE OF FUNDS
WC
|
5 |
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) |
¨ |
6 |
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH: |
7 |
SOLE VOTING POWER
0
|
8 |
SHARED VOTING POWER
0
|
9 |
SOLE DISPOSITIVE POWER
0
|
10 |
SHARED DISPOSITIVE POWER
0
|
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON
0
|
12 |
CHECK IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES |
¨
|
13 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0%
|
14 |
TYPE OF REPORTING PERSON
OO
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This Amendment No. 5 (“Amendment
No. 5”) amends the statement on Schedule 13D filed by the Reporting Persons on September 26, 2012 (the “Original
Schedule 13D”), Amendment No. 1 to the Original Schedule 13D filed by the Reporting Persons on February 19, 2014 (“Amendment
No. 1”), Amendment No. 2 to the Original Schedule 13D filed by the Reporting Persons on March 4, 2014 (“Amendment
No. 2”), Amendment No. 3 to the Original Schedule 13D filed by the Reporting Persons on March 11, 2014 (“Amendment
No. 3”) and Amendment No. 4 to the Schedule 13D filed by the Reporting Persons on October 8, 2015 (“Amendment
No. 4” and together with this Amendment No. 5, the Original Schedule 13D, Amendment No. 1, Amendment No. 2 and Amendment
No. 3, the “Schedule 13D”) relating to the shares of common stock, par value $0.001 per share (the “Common
Stock”), of Adept Technology, Inc., a Delaware corporation (the “Issuer”). This Amendment No. 5 amends
Items 5 and 6 of the Schedule 13D as set forth below. Capitalized terms used herein and not otherwise defined in this Amendment
No. 5 have the meanings set forth in the Schedule 13D.
Item 5. |
INTEREST IN SECURITIES OF THE ISSUER |
|
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(a) |
Paragraphs (a) – (c) of Item 5 of
Schedule 13D are hereby amended and restated in their entirety as follows:
See rows (11) and (13) of the cover pages
to this Amendment No. 5 for the aggregate number of shares of Common Stock and percentage of Common Stock beneficially owned by
each of the Reporting Persons.
|
(b) |
See rows (7) through (10) of the cover
pages to this Amendment No. 5 for the number of shares of Common Stock as to which each Reporting Person has the sole or shared
power to vote or direct the vote and sole or shared power to dispose or to direct the disposition.
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(c) |
Except as set forth in Item 6 of this Amendment
No. 5, no transactions were effected by the Reporting Persons in the shares of Common Stock during the past sixty (60) days.
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Item 6. |
CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO
SECURITIES OF THE ISSUER |
Item 6 is hereby amended to add
the following:
HCP tendered 1,321,700 shares
of Common Stock (the “Tendered Shares”) in connection with the Offer. The Offer was consummated on October 23,
2015 and, in connection therewith, the Acquisition Corp acquired the Tendered Shares from HCP on October 23, 2015 for a purchase
price of $13.00 per share.
Each outstanding option to purchase
shares of Common Stock (whether or not vested or exercisable) was cancelled immediately upon the consummation of the Offer on October
23, 2015 and converted into the right to receive an amount in cash equal to the positive difference between the offer price of
$13.00 per share and the exercise price of such option. As a result, the non-qualified director stock options to purchase 22,000
shares of Common Stock held by MH for the benefit of ROBO were cancelled upon consummation of the Offer on October 23, 2015 and
converted into the right to receive cash in accordance with the immediately preceding sentence.
SIGNATURES
After reasonable inquiry and to the best
of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.
Date: October 28, 2015 |
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/s/ Martin M. Hale, Jr. |
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HALE CAPITAL MANAGEMENT, LP |
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By: Hale Fund Management, LLC, its General Partner |
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By: |
/s/ Martin M. Hale, Jr. |
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Name: Martin M. Hale, Jr. |
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Title: Chief Executive Officer |
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HALE CAPITAL PARTNERS, LP, for
itself and as the
sole member of HCP-ROBO, LLC
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By: Hale Fund Partners, LLC, its General Partner |
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By: |
/s/ Martin M. Hale, Jr. |
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Name: Martin M. Hale, Jr. |
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Title: Chief Executive Officer |
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