SEC Form 4 · accession 0001209191-15-066709
STONEMOR PARTNERS LP · STON
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert B Hellman Jr.
Director
Period of report
Aug 14, 2015
Accepted (ET)
Aug 18, 2015 · 7:00 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 interestsF1 | Aug 14, 2015 | A | 173 | $30.33 | A | 16,084 | D | |
| Common units representing limited partner interestsF2 | holding | — | — | — | 2,255,947 | I | By American Cemeteries Infrastructure Investors, LLC |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the Reporting Person's pecuniary interest in common units representing limited partner interests ("common units") issued by StoneMor Partners L.P. (the "Company") to American Cemeteries Infrastructure Investors, LLC ("ACII") in lieu of cash distributions of $0.65 per common unit on common units held by ACII, which common units were immediately distributed in kind by ACII, for no additional consideration, to the Reporting Person in respect of his ratable interest in 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 24, 2015, the date on which Company declared a quarterly distribution with respect to the common units, which was $30.33.
- F2ACII 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 common units and therefore may be deemed to have voting and investment power with respect to such common units. The Reporting Person disclaims beneficial ownership of the common units except to the extent of his pecuniary interest therein.