Filing Details

Accession Number:
0001209191-17-001637
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-01-04 21:18:40
Reporting Period:
2016-12-30
Filing Date:
2017-01-04
Accepted Time:
2017-01-04 21:18:40
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
1288502 R Martin Lautman 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 5,642 $8.57 5,642 No 4 A Indirect By StoneMor GP Holdings LLC
Common Units Representing Limited Partner Interests Acquisiton 2017-01-03 554 $8.95 137,665 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
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 11,285 $0.00 11,285 $8.57
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
11,285 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 3,500 Indirect By Spouse
Common Units Representing Limited Partner Interests 2,000 Indirect By J. Lautman Trust
Common Units Representing Limited Partner Interests 2,000 Indirect By P. Lautman Trust
Footnotes
  1. 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 of GPHoldings (the "GP Holdings Units") by a trust for the pecuniary benefit of American Cemeteries Infrastructure Investors, LLC ("ACII") (collectively, the "Transaction").
  2. The Reporting Person is a member of GP Holdings.
  3. The Reporting Person disclaims beneficial ownership of the common units except to the extent of his pecuniary interest therein.
  4. The purchases reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 16, 2016.
  5. The price reported in Column 4 is a weighted average price. The common units were purchased in multiple transactions at prices ranging from $8.95-8.98 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.
  6. These common units are held in a trust for the benefit of the reporting person's child. The reporting person's spouse is trustee of the trust.
  7. Each of the remaining members of GP Holdings has a preemptive right to purchase from ACII their respective pro rata share of the GP Holdings 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 Holdings Units by ACII in the Transaction (which translates to a price of $8.57 per underlying common unit of the Partnership).
  8. Represents the Reporting Persons'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 commonunits held by GP Holdings will be 16,927 common units. If not all of the holders exercise their preemptive right, the remaining holders may purchase an over-allotment amount on a relative pro rata basis of those holders desiring an over-allotment amount.