STONEMOR PARTNERS LP 4
4 · STONEMOR PARTNERS LP · Filed Nov 13, 2006
Insider Transaction Report
Form 4
STROM GREGG
Vice President
Transactions
- Award
Restricted Phantom Units
2006-11-08+12,000→ 12,000 total→ common units (12,000 underlying)
Footnotes (3)
- [F1]The reporting person was granted 12,000 restricted phantom units on a one-time basis pursuant to a Key Employee Restricted Phantom Unit Agreement (the "Key Employee Agreement"), dated November 8, 2006, under the StoneMor Partners L.P. Long-Term Incentive Plan, between the reporting person and StoneMor GP LLC, including 5,000 Time Vested Units and 7,000 Performance Vested Units which vest pursuant to formulas set forth in the Key Employee Agreement. Each unit of restricted phantom units representing limited partner interests 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 full vesting of the restricted phantom units.
- [F2]See Footnote 1
- [F3]See Footnote 1