SEC Form 4 · accession 0001209191-17-025845
STONEMOR PARTNERS LP · STON
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William Robert Shane
Director
Period of report
Apr 3, 2017
Accepted (ET)
Apr 5, 2017 · 7:24 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 interestsF2 | Apr 3, 2017 | P | 368 | $8.00 | A | 42,303 | D | |
| Common units representing limited partner interestsF3 | Apr 4, 2017 | P | 259 | $7.66 | A | 42,562 | D | |
| Common units representing limited partner interestsF4,F5,F6 | holding | — | — | — | 72,872 | I | By StoneMor GP Holdings LLC | |
| Common units representing limited partner interestsF7 | holding | — | — | — | 64,167 | I | By Ten Twenty, L.P. | |
| Common units representing limited partner interestsF8 | holding | — | — | — | 28,500 | I | By Osiris Investments, LP |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The 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.
- F2The price reported in Column 4 is a weighted average price. The common units were purchased in multiple transactions at prices ranging from $7.87 - 8.00, inclusive. The Reporting Person undertakes to provide to StoneMor Partners L.P. (the "Partnership"), any holder of common units of the Partnership, 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 (2) to this Form 4.
- F3The price reported in Column 4 is a weighted average price. The common units were purchased in multiple transactions at prices ranging from $7.65 - 7.87, inclusive.
- F4Represents the proportionate interest of the Reporting Person in 2,332,878 common units of the Partnership issued and sold to StoneMor GP Holdings LLC ("GP Holdings") by the Partnership, which purchase was funded by the purchase of common units of GP Holdings by a trust for the pecuniary benefit of American Cemeteries Infrastructure Investors, LLC.
- F5The Reporting Person is a member of GP Holdings. The Reporting Person also holds membership interests in GP Holdings through Ten Twenty, L.P.
- F6The Reporting Person disclaims beneficial ownership of the common units except to the extent of his pecuniary interest therein.
- F7The Reporting Person is a general partner of Ten Twenty, L.P.
- F8The 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.
Remarks
The filing of this statement shall not be construed as an admission (a) that the person filing this statement is, for the purposes of Section 16 of the Securities Exchange Act of 1934, 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.