Filing Details

Accession Number:
0001181431-10-017600
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-03-22 13:00:00
Reporting Period:
2010-03-18
Filing Date:
2010-03-22
Accepted Time:
2010-03-22 15:07:32
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1286131 Stonemor Partners Lp STON Services-Personal Services (7200) 800103159
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1017221 Lawrence Miller C/O Stonemor Partners, L.p.
311 Veterans Highway, Suite B
Levittown PA 19056
President; Ceo Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Units Representing Limited Partner Interests Acquisiton 2010-03-18 30,750 $0.00 82,834 No 4 M Direct
Common Units Representing Limited Partner Interests Disposition 2010-03-18 5,002 $18.91 77,832 No 4 S Direct
Common Units Representing Limited Partner Interests Disposition 2010-03-19 860 $18.82 76,972 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Units Restricted Phantom Units Disposition 2010-03-18 30,750 $0.00 30,750 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Units Representing Limited Partner Interests 32,186 Indirect By LDLM Associates, LP
Common Units Representing Limited Partner Interests 28,500 Indirect By Osiris Investments LP
Footnotes
  1. On November 8, 2006, the reporting person was granted 61,500 restricted phantom units pursuant to a Key Employee Restricted Phanton Unit Agreement (the "Key Employee Agreement"), dated November 8, 2006, under the StoneMor Partners L.P. Long-Term Incentive Plan, between the reporting person and StoneMor GP LLC, including 21,500 Time Vested Units and 40,000 Performance Vested Units which vest pursuant to formulas set forth in the Key Employee Agreement. Each restricted phantom unit representing limited partner interests was the economic equivalent of one common unit representing limited partner interests in the issuer. Restricted phantom units become payable, in cash or common units, at the election of the issuer, upon the full vesting of the restricted phantom units. The reporting person settled the remaining 10,750 Time Vested Units and 20,000 Performance Vested Units for common units representing limited partner interests in the issuer.
  2. The price reported in Column 4 is a weighted average price. These units were sold in multiple transactions at prices ranging from $18.81 - $19.15, inclusive. The reporting person undertakes to provide to StoneMor Partners L.P., any unit holder of StoneMor Partners L.P., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (2) to this Form 4.
  3. The price reported in Column 4 is a weighted average price. These units were sold in multiple transactions at prices ranging from $18.80 - $18.83, inclusive. The reporting person undertakes to provide to StoneMor Partners L.P., any unit holder of StoneMor Partners L.P., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (3) to this Form 4.
  4. The reporting person is a grantor and trustee of Miller Revocable Trust, which is the general partner of LDLM Associates, LP. The reporting person is also a limited partner of LDLM Associates, LP, holding 98% of its limited partner interests.
  5. 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.