Lee Kenneth E Jr 4
4 · STONEMOR PARTNERS LP · Filed Mar 21, 2018
Insider Transaction Report
Form 4
Lee Kenneth E Jr
See Remarks.
Transactions
- Award
Restricted Phantom Units
2018-03-19+5,004→ 5,004 total→ Common Units (5,004 underlying) - Award
Restricted Phantom Units
2018-03-19+4,244→ 4,244 total→ Common Units (4,244 underlying)
Footnotes (2)
- [F1]On March 19, 2018, the reporting person was granted 4,244 phantom units vesting in three equal annual installments on each April 3 (or first business day thereafter) commencing on April 3, 2018 pursuant to a Key Employee Unit Agreement, entered into as of March 19, 2018, by and between StoneMor GP and the reporting person. Each such phantom unit represents a contingent right to receive one common unit representing a limited partner interest or, at the discretion of the compensation committee of the Board of Directors of StoneMor GP, the cash equivalent of the fair market value of a common unit, in each case, conditioned upon satisfying certain time and other conditions.
- [F2]On March 19, 2018, the reporting person was granted 5,004 phantom units vesting in three equal annual installments on each April 3 (or first business day thereafter) commencing on April 3, 2019 pursuant to a Key Employee Unit Agreement, entered into as of March 19, 2018, by and between StoneMor GP and the reporting person. Each such phantom unit represents a contingent right to receive one common unit representing a limited partner interest or, at the discretion of the compensation committee of the Board of Directors of StoneMor GP, the cash equivalent of the fair market value of a common unit, in each case, conditioned upon satisfying certain time and other conditions.