Filing Details

Accession Number:
0001209191-16-143270
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-09-30 15:34:54
Reporting Period:
2016-09-28
Filing Date:
2016-09-30
Accepted Time:
2016-09-30 15:34:54
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1286131 Stonemor Partners Lp STON () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1178440 P Sean Mcgrath C/O Stonemor Partners L.p.
3600 Horizon Boulevard
Trevose PA 19053
Cfo And Secretary No 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 2016-09-28 2,774 $0.00 3,774 No 4 M Direct
Common Units Representing Limited Partner Interests Disposition 2016-09-28 1,262 $24.92 2,512 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Units Time Vested Units Disposition 2016-09-28 2,774 $0.00 2,774 $0.00
Common Units Time Vested Units Acquisiton 2016-09-28 8,946 $0.00 8,946 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
5,550 No 4 M Direct
8,946 No 4 A Direct
Footnotes
  1. The reporting person was granted 8,324 time vested units ("Time Vested Units") vesting in three equal annual installments pursuant to a Key Employee Unit Agreement (the "Agreement"), entered into as of December 31, 2015, by and between StoneMor GP LLC, a general partner of StoneMor Partners L.P., and the reporting person. Each Time Vested Unit represents a contingent right to receive one common unit representing a limited partner interest conditioned upon satisfying certain time and other conditions.
  2. On September 28, 2016, 2,774 Time Vested Units vested pursuant to the Agreement.
  3. The sales reported in this Form 4 were effected pursuant to the reporting person's Rule 10b5-1 trading plan, adopted on March 4, 2016, solely to satisfy the reporting person's tax obligations related to the vesting of Time Vested Units.
  4. The price reported in Column 4 is a weighted average price. The common units were sold in multiple transactions at prices ranging from $24.85-25.05 inclusive. The reporting person undertakes to provide to StoneMor Partners L.P., any holder of common units of StoneMor Partners L.P., 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 to this Form 4.
  5. The reporting person was granted 8,946 Time Vested Units vesting in three equal annual installments pursuant to a Key Employee Unit Agreement, entered into as of September 28, 2016, by and between StoneMor GP LLC, a general partner of StoneMor Partners L.P., and the reporting person. Each Time Vested Unit represents a contingent right to receive one common unit representing a limited partner interest conditioned upon satisfying certain time and other conditions.