SEC Form 4 · accession 0001209191-17-043384
STONEMOR PARTNERS LP · STON
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Austin So
Officer — General Counsel, CLO and Sec.
Period of report
Jul 5, 2017
Accepted (ET)
Jul 5, 2017 · 4:34 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,F2 | Jul 5, 2017 | M | 454 | — | A | 454 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Time Vested UnitsF1,F2 | — | Jul 5, 2017 | M | 454 | D | — | — | Common Units | 454 | 909 | D |
Explanation of responses
- F1The reporting person was granted 1,363 time vested units ("Time Vested Units") vesting in three equal annual installments pursuant to a Key Employee Unit Agreement, entered into as of July 5, 2016, by and between StoneMor GP LLC, a general partner of StoneMor Partners L.P., and the reporting person. Each Time Vested Unit represents a contingent right to receive one common unit representing a limited partner interest conditioned upon satisfying certain time and other conditions.
- F2On July 5, 2017, 454 Time Vested Units vested pursuant to 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.