Home/Filings/4/0001209191-17-011442
4//SEC Filing

STONEMOR PARTNERS LP 4

Accession 0001209191-17-011442

CIK 0001286131operating

Filed

Feb 15, 7:00 PM ET

Accepted

Feb 16, 4:23 PM ET

Size

9.1 KB

Accession

0001209191-17-011442

Insider Transaction Report

Form 4
Period: 2017-02-14
Transactions
  • Award

    Common units representing limited partner interests

    2017-02-14$9.50/sh+78,342$744,2492,364,162 total(indirect: By LLC)
Holdings
  • Common units representing limited partner interests

    (indirect: By LLC)
    2,076,523
  • Common units representing limited partner interests

    24,518
Footnotes (4)
  • [F1]Represents common units representing limited partner interests ("common units") issued by StoneMor Partners L.P. (the "Company") to American Cemeteries Infrastructure Investors, LLC ("ACII") in lieu of cash distributions of $0.33 per common unit on common units held by ACII. The number of common units issued in lieu of cash distributions was calculated based on the quotient of (A) the amount of the quarterly distribution paid on the outstanding common units by (B) the volume-weighted average price of the common units for the thirty (30) trading days immediately preceding January 27, 2017, the date on which the Company declared a quarterly distribution with respect to the common units, which was $9.50.
  • [F2]StoneMor GP Holdings LLC ("GP Holdings") is majority owned by a trust for the pecuniary benefit of American Cemeteries Infrastructure Investors, LLC ("ACII"). ACII is managed by its manager, AIM Universal Holdings, LLC ("AUH"), and is owned by its members: American Infrastructure MLP Fund II, L.P. ("AIM II"), American Infrastructure MLP Founders Fund II, L.P. ("AIM FF II"), AIM II Delaware StoneMor, Inc. ("AIM II StoneMor") and AIM Cemetery Infrastructure, L.P. ("AIM Cemetery Infrastructure"). AIM II StoneMor is owned by American Infrastructure MLP Management II, L.L.C. ("AIM Management II") and AIM II Offshore, L.P. ("AIM II Offshore"). AIM Management II is the general partner of AIM II, AIM FFII and AIM II Offshore. AUH is the general partner of AIM Cemetary Infrastructure. The Reporting Person is a director of GP Holdings, a managing member of AIM Management II, the president of AIM II StoneMor and a member of AUH.
  • [F3]The Reporting Person shares the power to vote or dispose of the common units held directly by GP Holdings and ACII and, therefore, may be deemed to have voting and investment power with respect to such common units. The Reporting Person disclaims beneficial ownership of these common units except to the extent of his pecuniary interest therein.
  • [F4]Represents the proportionate interest of ACII in 2,332,878 common units of the Partnership issued and sold to GP Holdings by the Partnership, which purchase was funded by the purchase of common units of GP Holdings by a trust for the pecuniary benefit of ACII.

Issuer

STONEMOR PARTNERS LP

CIK 0001286131

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001286131

Filing Metadata

Form type
4
Filed
Feb 15, 7:00 PM ET
Accepted
Feb 16, 4:23 PM ET
Size
9.1 KB