0001209191-15-044583.txt : 20150519
0001209191-15-044583.hdr.sgml : 20150519
20150519175518
ACCESSION NUMBER: 0001209191-15-044583
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20150515
FILED AS OF DATE: 20150519
DATE AS OF CHANGE: 20150519
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: STONEMOR PARTNERS LP
CENTRAL INDEX KEY: 0001286131
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PERSONAL SERVICES [7200]
IRS NUMBER: 800103159
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 311 VETERANS HIGHWAY
STREET 2: SUITE B
CITY: LEVITTOWN
STATE: PA
ZIP: 19056
BUSINESS PHONE: 2158262800
MAIL ADDRESS:
STREET 1: 311 VETERANS HIGHWAY
STREET 2: SUITE B
CITY: LEVITTOWN
STATE: PA
ZIP: 19056
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: HELLMAN ROBERT B JR
CENTRAL INDEX KEY: 0001168211
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32270
FILM NUMBER: 15877630
MAIL ADDRESS:
STREET 1: C/O AMERICAN INFRASTRUCTURE MLP FUND
STREET 2: 950 TOWER LANE, SUITE 800
CITY: FOSTER CITY
STATE: CA
ZIP: 94404
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2015-05-15
0
0001286131
STONEMOR PARTNERS LP
STON
0001168211
HELLMAN ROBERT B JR
950 TOWER LANE, SUITE 800
FOSTER CITY
CA
94404
1
0
0
0
Common units representing limited partner interests
2015-05-15
4
A
0
49911
28.93
A
2305858
I
By American Cemeteries Infrastructure Investors, LLC
Common units representing limited partner interests
2015-05-15
4
S
0
49911
29.83
D
2255947
I
By American Cemeteries Infrastructure Investors, LLC
Common units representing limited partner interests
15911
D
StoneMor Partners L.P. (the "Company") issued 49,911 common units representing limited partner interests ("common units") in the Company to American Cemeteries Infrastructure Investors, LLC ("ACII") in lieu of cash distributions of $0.64 per common unit on 2,255,947 common units held by 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 April 24, 2015, the date on which Company declared a quarterly distribution with respect to the common units, which was $28.93.
ACII 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.
The common units sold represent quarterly distributions in kind issued to ACII by the Company on the common units held by ACII. These quarterly distributions are made in lieu of quarterly cash distributions, which are declared and paid on all other outstanding common units of the Company, and are customarily paid by master limited partnerships invested in by the member funds of ACII: AIM II, AIM FF II and AIM II Offshore (collectively, the "Member Funds"). The sale of these quarterly distribution units by ACII does not change the Member Funds' or the Reporting Person's respective underlying ownership interests in the Company; rather it was effected pursuant to a Rule 10b5-1 trading plan adopted by ACII on August 20, 2014, to convert the quarterly distribution units received by ACII to cash in order to permit the Member Funds to make quarterly cash distributions to their respective investors, consistent with their stated strategy of doing so.
The price reported in Column 4 is a weighted average price. The common units were sold in multiple transactions at prices ranging from $29.79-29.95, inclusive. The Reporting Person undertakes to provide to the Company, any holder of common units, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of common units sold at each separate price within the range set forth in this footnote (4) to this Form 4.
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.
/s/ Robert B. Hellman Jr.
2015-05-19