Filing Details
- Accession Number:
- 0001181431-14-029616
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-08-18 21:25:19
- Reporting Period:
- 2014-08-14
- Filing Date:
- 2014-08-18
- Accepted Time:
- 2014-08-18 20:25:19
- 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 |
---|---|---|---|---|---|---|---|
1168211 | Jr B Robert Hellman | 950 Tower Lane, Suite 800 Foster City CA 94404 | Yes | No | 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 | 2014-08-14 | 57,062 | $24.12 | 2,313,009 | No | 4 | A | Indirect | By American Cemeteries Infrastructure Investors, LLC |
Common Units Representing Limited Partner Interests | Disposition | 2014-08-15 | 26,000 | $24.49 | 2,287,009 | No | 4 | S | Indirect | By American Cemeteries Infrastructure Investors, LLC |
Common Units Representing Limited Partner Interests | Disposition | 2014-08-18 | 15,000 | $24.65 | 2,272,009 | No | 4 | S | Indirect | By American Cemeteries Infrastructure Investors, LLC |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | A | Indirect | By American Cemeteries Infrastructure Investors, LLC |
No | 4 | S | Indirect | By American Cemeteries Infrastructure Investors, LLC |
No | 4 | S | Indirect | By American Cemeteries Infrastructure Investors, LLC |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Units Representing Limited Partner Interests | 15,911 | Direct |
Footnotes
- On August 14, 2014, StoneMor Partners L.P. (the "Company") issued 57,062 common units representing limited partner interests ("common units") in the Company to American Cemeteries Infrastructure Investors, LLC ("ACII") in lieu of cash distributions of $0.61 per common unit on 2,255,947 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 July 25, 2014, the date on which Company declared a quarterly distribution with respect to the common units, which was $24.1162.
- 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") and AIM II Delaware StoneMor, Inc. ("AIM II StoneMor"). 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. The Reporting Person is a managing member of AIM Management II, the president of AIM II StoneMor and a member of AUH. The Reporting Person shares the power to vote or dispose of these units and therefore may be deemed to have voting and investment power with respect to such units. The Reporting Person disclaims beneficial ownership of the common units except to the extent of his pecuniary interest therein.
- ACII's sales of common units reported herein were matchable under Section 16(b) of the Securities Exchange Act of 1934, as amended, to the extent of the Reporting Person's pecuniary interest therein, with the Reporting Person's purchases, pursuant to a Rule 10b5-1 plan adopted on November 11, 2013, of common units at prices ranging between $23.81 and $24.24 on May 1, 2014 and June 2, 2014. The Reporting Person has agreed to pay to the Company, upon settlement of the sales reported herein, the profit realized by the Reporting Person in connection with the short-swing transaction, less transaction costs.
- The price reported in Column 4 is a weighted average price. The common units were purchased in multiple transactions at prices ranging from $24.24 - $24.62, inclusive. The Reporting Person undertakes to provide to the Company, any holder of common units, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of common units sold at each separate price within the range set forth in this footnote (4) to this Form 4.
- The price reported in Column 4 is a weighted average price. The common units were purchased in multiple transactions at prices ranging from $24.57 - $24.72, inclusive. The Reporting Person undertakes to provide to the Company, any holder of common units, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of common units sold at each separate price within the range set forth in this footnote (5) to this Form 4.