4//SEC Filing
STACHE MICHAEL LEE 4
Accession 0001181431-10-017602
CIK 0001286131other
Filed
Mar 21, 8:00 PM ET
Accepted
Mar 22, 3:08 PM ET
Size
12.2 KB
Accession
0001181431-10-017602
Insider Transaction Report
Form 4
STACHE MICHAEL LEE
Senior Vice President and COO
Transactions
- Exercise/Conversion
Common Units representing limited partner interests
2010-03-18+22,250→ 51,495 total - Sale
Common Units representing limited partner interests
2010-03-18$18.91/sh−3,537$66,885→ 47,958 total - Sale
Common Units representing limited partner interests
2010-03-19$18.82/sh−608$11,443→ 47,350 total - Exercise/Conversion
Restricted Phantom Units
2010-03-18−22,250→ 0 total→ Common Units (22,250 underlying)
Footnotes (3)
- [F1]On November 8, 2006, the reporting person was granted 44,500 restricted phantom units pursuant to a Key Employee Restricted Phanton 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 16,500 Time Vested Units and 28,000 Performance Vested Units which vest pursuant to formulas set forth in the Key Employee Agreement. Each restricted phantom unit representing limited partner interests was the economic equivalent of one common unit representing limited partner interests in the issuer. 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. The reporting person settled the remaining 8,250 Time Vested Units and 14,000 Performance Vested Units for common units representing limited partner interests in the issuer.
- [F2]The price reported in Column 4 is a weighted average price. These units were sold in multiple transactions at prices ranging from $18.81 - $19.15, inclusive. The reporting person undertakes to provide to StoneMor Partners L.P., any unit holder of StoneMor Partners L.P., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (2) to this Form 4.
- [F3]The price reported in Column 4 is a weighted average price. These units were sold in multiple transactions at prices ranging from $18.80 - $18.83, inclusive. The reporting person undertakes to provide to StoneMor Partners L.P., any unit holder of StoneMor Partners L.P., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (3) to this Form 4.
Documents
Issuer
STONEMOR PARTNERS LP
CIK 0001286131
Entity typeother
Related Parties
1- filerCIK 0001021442
Filing Metadata
- Form type
- 4
- Filed
- Mar 21, 8:00 PM ET
- Accepted
- Mar 22, 3:08 PM ET
- Size
- 12.2 KB