Goldenberg Spencer E 4
4 · STONEMOR PARTNERS LP · Filed Nov 6, 2019
Insider Transaction Report
Form 4
Goldenberg Spencer E
Director
Transactions
- Award
Restricted Phantom Units
2019-11-05$1.09/sh+9,174.312$10,000→ 9,174.312 total→ Common Units (9,174.312 underlying)
Footnotes (4)
- [F1]Each restricted phantom unit is the economic equivalent of one common unit representing limited partner interests. Restricted phantom units become payable, in cash or common units, at the election of the issuer, upon the separation of the reporting person from service as a director or upon the occurrence of certain other events specified in Section 409A of the Internal Revenue Code of 1986, as amended.
- [F2]The reporting person received these restricted phantom units pursuant to the StoneMor Amended and Restated 2019 Long-Term Incentive Plan (the "Plan") in lieu of payment to the reporting person of $10,000 which represents a portion of the reporting person's annual director's retainer fee.
- [F3]Reflects the closing price of the issuer's common units as reported by the New York Stock Exchange on the trading day immediately preceding the date on which the restricted phantom units were credited.
- [F4]Represents restricted phantom units allocated to the reporting person's deferred compensation account under the Plan.