4//SEC Filing
STONEMOR PARTNERS LP 4
Accession 0001209191-17-001636
CIK 0001286131operating
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 9:17 PM ET
Size
15.9 KB
Accession
0001209191-17-001636
Insider Transaction Report
Form 4
SHANE WILLIAM ROBERT
DirectorEVP; Chief Financial Officer
Transactions
- Award
Preemptive Right (right to purchase)
2016-12-30+145,745→ 145,745 total(indirect: By LLC)Exercise: $8.57From: 2016-12-30Exp: 2017-01-19→ Common units representing limited partner interests (145,745 underlying) - Purchase
Common units representing limited partner interests
2017-01-03$8.93/sh+332$2,965→ 40,795 total - Award
Common units representing limited partner interests
2016-12-30$8.57/sh+72,872$624,513→ 72,872 total(indirect: By LLC) - Purchase
Common units representing limited partner interests
2017-01-04$9.45/sh+200$1,890→ 40,995 total
Holdings
- 28,500(indirect: By Osiris Investments, LP)
Common units representing limited partner interests
- 64,167(indirect: By Ten Twenty, L.P.)
Common units representing limited partner interests
Footnotes (9)
- [F1]Represents the proportionate interest of the Reporting Person in 2,332,878 common units of StoneMor Partners, L.P. (the "Partnership") issued and sold to StoneMor GP Holdings LLC ("GP Holdings") by the Partnership, which purchase was funded by the purchase of common units of GP Holdings (the "GP Holdings Units") by a trust for the pecuniary benefit of American Cemeteries Infrastructure Investors, LLC ("ACII") (collectively, the "Transaction").
- [F2]The Reporting Person is a member of GP Holdings. The Reporting Person also holds membership interests in GP Holdings through Ten Twenty, L.P.
- [F3]The Reporting Person disclaims beneficial ownership of the common units except to the extent of his pecuniary interest therein.
- [F4]The purchases reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 13, 2015.
- [F5]The price reported in Column 4 is a weighted average price. The common units were purchased in multiple transactions at prices ranging from $8.74-9.03, 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 purchased at each separate price within the range set forth in this footnote (5) to this Form 4.
- [F6]The reporting person is a general partner of Ten Twenty, LP.
- [F7]The general partner of Osiris Investments, LP is Osiris Investments LLC. Lawrence Miller and William R. Shane are each a 50% member of Osiris Investments LLC and share investment and voting power over the securities held by Osiris Investments, LP. Mr. Miller and Mr. Shane file separate Section 16 reports.
- [F8]Each of the remaining members of GP Holdings has a preemptive right to purchase from ACII their respective pro rata share of the GP Holdings Units purchased by ACII in the Transaction, based on their respective ownership interests in GP Holdings prior to the Transaction. The purchase price of such GP Holdings Units upon exercise of the preemptive rights is the same purchase price paid for the GP Holdings Units by ACII in the Transaction (which translates to a price of $8.57 per underlying common unit of the Partnership).
- [F9]Represents the Reporting Person's proportionate interest in the aggregate number of common units underlying the preemptive rights. If all holders of preemptive rights exercise their preemptive rights in full, the Reporting Persons's proportionate interest in the 2,332,878 common units held by GP Holdings will be 218,617 common units. If not all of the holders exercise their preemptive right, the remaining holders may purchase an over-allotment amount on a relative pro rata basis of those holders desiring an over-allotment amount.
Documents
Issuer
STONEMOR PARTNERS LP
CIK 0001286131
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001286131
Filing Metadata
- Form type
- 4
- Filed
- Jan 3, 7:00 PM ET
- Accepted
- Jan 4, 9:17 PM ET
- Size
- 15.9 KB