Trost Keith Edward Jr 4
4 · Stonemor Inc. · Filed Nov 4, 2022
Insider Transaction Report
Form 4
Stonemor Inc.STON
Trost Keith Edward Jr
See Remarks
Transactions
- Disposition to Issuer
Common Stock
2022-11-03$3.50/sh−65,331$228,659→ 0 total - Disposition to Issuer
Employee Stock Option (right to buy)
2022-11-03$2.30/sh−12,500$28,750→ 0 totalExercise: $1.20Exp: 2029-12-18→ Common Stock (12,500 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2022-11-03−12,500→ 0 totalExercise: $1.20Exp: 2029-12-18→ Common Stock (12,500 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2022-11-03$1.79/sh−12,500$22,375→ 0 totalExercise: $1.71Exp: 2030-12-03→ Common Stock (12,500 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2022-11-03−12,500→ 0 totalExercise: $1.71Exp: 2030-12-03→ Common Stock (12,500 underlying)
Footnotes (4)
- [F1]This option, which provided for vesting in equal annual installments over a three-year period, commencing on the first anniversary following the date of grant which was December 3, 2020, was cancelled in the merger contemplated by an Agreement and Plan of Merger among Axar Cemetery Parent Corp. ("Axar"), StoneMor Inc. and Axar Cemetery Merger Corp. in exchange for a cash payment of $22,375, representing the difference between the exercise price of the option and the cash merger consideration per share.
- [F2]This option, which provided for vesting in equal annual installments over a three-year period, commencing on the first anniversary following the date of grant which was December 3, 2020, was assumed by Axar in the merger and replaced with a fully vested option to purchase 12,500 shares of Axar common stock for $1.71 per share.
- [F3]This option, which provided for vesting in equal annual installments over a three-year period, commencing on the first anniversary following the date of grant which was December 18, 2019, was cancelled in the merger in exchange for a cash payment of $28,750, representing the difference between the exercise price of the option and the cash merger consideration per share.
- [F4]This option, which provided for vesting in equal annual installments over a three-year period, commencing on the first anniversary following the date of grant which was December 18, 2019, was assumed by Axar in the merger and replaced with a fully vested option to purchase 12,500 shares of Axar common stock for $1.20 per share