STONEMOR PARTNERS LP 4
4 · STONEMOR PARTNERS LP · Filed Nov 13, 2006
Insider Transaction Report
Form 4
STACHE MICHAEL LEE
Senior Vice President and COO
Transactions
- Award
Restricted Phantom Units
2006-11-08+44,500→ 44,500 total→ common units (44,500 underlying)
Footnotes (3)
- [F1]The reporting person was granted 44,500 restricted phantom units on a one-time basis pursuant to a Key Employee Restricted Phantom Unit Agreement (the "Key Employee Agreement"), dated as of November 8, 2006, under the StoneMor Partners L.P. Long-Term Incentive Plan, between the reporting person and StoneMor GP LLC, including 16,500 Time Vested Units and 28,000 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