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Filing Details

Accession Number:: 0000902664-14-001443
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2014-02-28 17:11:11
Reporting Period:: 2014-02-26

Filing Date:: 2014-02-28
Accepted Time:: 2014-02-28 17:11:11
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
865415	Adept Technology Inc	ADEP	Special Industry Machinery, Nec (3559)	942900635

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1272935	Jr M Martin Hale	17 State Street, Suite 3230 New York NY 10004		Yes	No	Yes	Yes

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, Par Value $0.001 (The "Common Stock")	Disposition	2014-02-26	40,244	$17.03	1,557,640	No	4	S	Indirect	See footnote
Common Stock	Disposition	2014-02-27	10,504	$17.00	1,547,136	No	4	S	Indirect	See footnote
Common Stock	Disposition	2014-02-28	46,305	$17.05	1,500,831	No	4	S	Indirect	See footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See footnote
No	4	S	Indirect	See footnote
No	4	S	Indirect	See footnote

Footnotes

The securities reported herein are indirectly held by Hale Capital Partners, LP, a Delaware limited partnership ("HCP") through HCP-ROBO, LLC, a Delaware limited liability company ("ROBO"), of which HCP is the sole member. Martin M. Hale, Jr. ("MH") is the Chief Executive Officer of HCP. MH is also (i) the sole owner and managing member of Hale Fund Partners, LLC, a Delaware limited liability company ("HFP"), the general partner of HCP and (ii) the sole owner and Chief Executive Officer of Hale Fund Management, LLC, a Delaware limited liability company ("HFM"), the general partner of Hale Capital Management, LP ("HCM"), the manager of HCP. Each of MH, ROBO, HCP, HFP, HFM and HCM disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein.
The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.00 to $17.09, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares acquired at each price within the range set forth herein.
The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.00 to $17.02, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares acquired at each price within the range set forth herein.
The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.00 to $17.15, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares acquired at each price within the range set forth herein.