Filing Details
- Accession Number:
- 0001209191-17-001636
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-01-04 21:17:25
- Reporting Period:
- 2016-12-30
- Filing Date:
- 2017-01-04
- Accepted Time:
- 2017-01-04 21:17:25
- 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 |
---|---|---|---|---|---|---|---|
1017249 | Robert William Shane | C/O Stonemor Partners L.p. 3600 Horizon Boulevard Trevose PA 19053 | 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 | 2016-12-30 | 72,872 | $8.57 | 72,872 | No | 4 | A | Indirect | By StoneMor GP Holdings LLC |
Common Units Representing Limited Partner Interests | Acquisiton | 2017-01-03 | 332 | $8.93 | 40,795 | No | 4 | P | Direct | |
Common Units Representing Limited Partner Interests | Acquisiton | 2017-01-04 | 200 | $9.45 | 40,995 | No | 4 | P | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | A | Indirect | By StoneMor GP Holdings LLC |
No | 4 | P | Direct | |
No | 4 | P | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Units Representing Limited Partner Interests | Preemptive Right (right to purchase) | Acquisiton | 2016-12-30 | 145,745 | $0.00 | 145,745 | $8.57 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
145,745 | 2016-12-30 | 2017-01-19 | No | 4 | A | Indirect |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Units Representing Limited Partner Interests | 64,167 | Indirect | By Ten Twenty, L.P. |
Common Units Representing Limited Partner Interests | 28,500 | Indirect | By Osiris Investments, LP |
Footnotes
- Represents the proportionate interest of the Reporting Person in 2,332,878 common units of StoneMor Partners, L.P. (the "Partnership") issuedand sold to StoneMor GP Holdings LLC ("GP Holdings") by the Partnership, which purchase was funded by the purchase of common units ofGP Holdings (the "GP Holdings Units") by a trust for the pecuniary benefit of American Cemeteries Infrastructure Investors, LLC ("ACII") (collectively, the "Transaction").
- The Reporting Person is a member of GP Holdings. The Reporting Person also holds membership interests in GP Holdings through Ten Twenty, L.P.
- The Reporting Person disclaims beneficial ownership of the common units except to the extent of his pecuniary interest therein.
- The purchases reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 13, 2015.
- The price reported in Column 4 is a weighted average price. The common units were purchased in multiple transactions at prices ranging from $8.74-9.03, 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 purchased at each separate price within the range set forth in this footnote (5) to this Form 4.
- The reporting person is a general partner of Ten Twenty, LP.
- 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.
- Each of the remaining members of GP Holdings has a preemptive right to purchase from ACII their respective pro rata share of the GPHoldings Units purchased by ACII in the Transaction, based on their respective ownership interests in GP Holdings prior to the Transaction.The purchase price of such GP Holdings Units upon exercise of the preemptive rights is the same purchase price paid for the GP HoldingsUnits by ACII in the Transaction (which translates to a price of $8.57 per underlying common unit of the Partnership).
- Represents the Reporting Person's proportionate interest in the aggregate number of common units underlying the preemptive rights. If allholders of preemptive rights exercise their preemptive rights in full, the Reporting Persons's proportionate interest in the 2,332,878 common unitsheld by GP Holdings will be 218,617 common units. If not all of the holders exercise their preemptive right, the remaining holders may purchasean over-allotment amount on a relative pro rata basis of those holders desiring an over-allotment amount.