SEC Form 4 · accession 0001209191-15-029764
STONEMOR PARTNERS LP · STON
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Meyers
Officer — COO
Period of report
Mar 25, 2015
Accepted (ET)
Mar 27, 2015 · 1:11 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001286131
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Units representing limited partner interests | Mar 25, 2015 | M | 8,854 | $25.61 | A | 8,854 | D | |
| Common Units representing limited partner interests | Mar 25, 2015 | D | 7,923 | $28.62 | D | 931 | D | |
| Common Units representing limited partner interestsF1 | Mar 27, 2015 | S | 526 | $28.65 | D | 405 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Unit Appreciation RightF2 | $25.61 | Mar 25, 2015 | M | 8,854 | D | — | Oct 22, 2018 | Common Units representing limited partner interests | 8,854 | 16,146 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. The Common Units were purchased in multiple transactions at prices ranging from $28.64-28.65 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 (1) to this Form 4.
- F2The reporting person was granted 25,000 Unit Appreciation Rights ("UARs") pursuant to a Unit Appreciation Rights Agreement (the "Agreement"), dated as of October 22, 2013, under the StoneMor Partners L.P. Long-Term Incentive Plan, as amended, between the reporting person and StoneMor GP LLC, the general partner of StoneMor Partners L.P. All of the UARs granted pursuant to the Agreement vest pursuant to a formula set forth in the Agreement.
Remarks
The filing of this statement shall not be construed as an admission (a) that the person filing this statement is, for the purpose of Section 16 of the Securities Exchange Act of1934, as amended, the beneficial owner of any equity securities covered by this statement, or (b) that this statement is legally required to be filed by such person.