4//SEC Filing
STONEMOR PARTNERS LP 4
Accession 0001209191-16-143270
CIK 0001286131operating
Filed
Sep 29, 8:00 PM ET
Accepted
Sep 30, 3:34 PM ET
Size
13.0 KB
Accession
0001209191-16-143270
Insider Transaction Report
Form 4
MCGRATH SEAN P
CFO and Secretary
Transactions
- Award
Time Vested Units
2016-09-28+8,946→ 8,946 total→ Common Units (8,946 underlying) - Sale
Common units representing limited partner interests
2016-09-28$24.92/sh−1,262$31,449→ 2,512 total - Exercise/Conversion
Common units representing limited partner interests
2016-09-28+2,774→ 3,774 total - Exercise/Conversion
Time Vested Units
2016-09-28−2,774→ 5,550 total→ Common Units (2,774 underlying)
Footnotes (5)
- [F1]The reporting person was granted 8,324 time vested units ("Time Vested Units") vesting in three equal annual installments pursuant to a Key Employee Unit Agreement (the "Agreement"), entered into as of December 31, 2015, by and between StoneMor GP LLC, a general partner of StoneMor Partners L.P., and the reporting person. Each Time Vested Unit represents a contingent right to receive one common unit representing a limited partner interest conditioned upon satisfying certain time and other conditions.
- [F2]On September 28, 2016, 2,774 Time Vested Units vested pursuant to the Agreement.
- [F3]The sales reported in this Form 4 were effected pursuant to the reporting person's Rule 10b5-1 trading plan, adopted on March 4, 2016, solely to satisfy the reporting person's tax obligations related to the vesting of Time Vested Units.
- [F4]The price reported in Column 4 is a weighted average price. The common units were sold in multiple transactions at prices ranging from $24.85-25.05 inclusive. The reporting person undertakes to provide to StoneMor Partners L.P., any holder of common units of StoneMor Partners L.P., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of common units sold at each separate price within the range set forth in this footnote to this Form 4.
- [F5]The reporting person was granted 8,946 Time Vested Units vesting in three equal annual installments pursuant to a Key Employee Unit Agreement, entered into as of September 28, 2016, by and between StoneMor GP LLC, a general partner of StoneMor Partners L.P., and the reporting person. Each Time Vested Unit represents a contingent right to receive one common unit representing a limited partner interest conditioned upon satisfying certain time and other conditions.
Documents
Issuer
STONEMOR PARTNERS LP
CIK 0001286131
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001286131
Filing Metadata
- Form type
- 4
- Filed
- Sep 29, 8:00 PM ET
- Accepted
- Sep 30, 3:34 PM ET
- Size
- 13.0 KB