Filing Details

CUSIP No. 86183Q100

13G

Page 2 of 10 Pages

1

NAMES OF REPORTING PERSONS

 

 

Axar Capital Management, LP

 

 

 

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)☐

(b)☐

 

 

3

SEC USE ONLY

 

 

 

 

 

4

CITIZENSHIP OR PLACE OF ORGANIZATION

 

 

Delaware

 

 

 

 

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH

5

SOLE VOTING POWER

 

 

0

 

 

 

 

6

SHARED VOTING POWER

 

 

6,550,613

 

 

 

 

7

SOLE DISPOSITIVE POWER

 

 

0

 

 

 

 

8

SHARED DISPOSITIVE POWER

 

 

6,550,613

 

 

 

 

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

 

6,550,613

 

 

 

 

10

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

 

☐

 

 

 

 

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

 

17.3%

 

 

 

 

12

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

 

IA

 

 

 

 

CUSIP No. 86183Q100

13G

Page 5 of 10 Pages

 

(a)

Name of Issuer

 

StoneMor Partners L.P. (the “Issuer”)

 

 

(b)

Address of Issuer’s Principal Executive Offices

3600 Horizon Boulevard, Trevose, Pennsylvania, 19053

 

(a)

Name of Person Filing

 

 

(b)

Address of the Principal Office or, if none, residence

1330 Avenue of the Americas, 30th Floor New York, NY  10019

 

 

(c)

Citizenship

1)  Axar Capital Management, LP is a Delaware limited partnership;

2)  Axar GP, LLC is a Delaware limited liability company; and

3)  Andrew Axelrod is a citizen of the United States of America.

 

 

(d)

Title of Class of Securities

Common Units Representing Limited Partnership Interests (“Common Units”)

 

 

(e)

CUSIP Number

86183Q100

 

An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E).

 

A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G).

 

 

(a)

 

Amount beneficially owned: 6,550,613 shares of Common Units, which amount includes 5,932,529 shares of Common Units held for the account of SMP SPC LLC and 618,084 shares of Common Units held for the account of a separately managed account.

 

 

(b)

 

Percent of class: 17.3% (based on 37,957,936 shares of Common Units reported as outstanding as of January 19, 2018, according to the Issuer’s quarterly on Form 10-Q, filed January 25, 2018.)

 

 

(c)

 

Number of shares as to which the person has:  

 

 

 

 

(i)

Sole power to vote or to direct the vote : 0

 

 

 

 

(ii)

Shared power to vote or to direct the vote: 6,550,613

 

 

 

 

(iii)

Sole power to dispose or to direct the disposition of  0

 

 

 

 

(iv)

Shared power to dispose or to direct the disposition of  6,550,613

 

The following certification shall be included if the statement is filed pursuant to §240.13d-1(b):

 

 

 

 

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §240.14a-11.