4//SEC Filing
Axar GP, LLC 4
Accession 0000902664-20-002493
CIK 0001753886other
Filed
Jun 22, 8:00 PM ET
Accepted
Jun 23, 5:05 PM ET
Size
13.1 KB
Accession
0000902664-20-002493
Insider Transaction Report
Form 4
Stonemor Inc.STON
AXAR CAPITAL MANAGEMENT L.P.
Director10% OwnerOther
Transactions
- Award
Common Stock, par value $0.01 per share
2020-06-19+12,054,795→ 72,804,944 total(indirect: See footnotes) - Disposition to Issuer
Series A Preferred Stock, $0.01 par value per share
2020-06-19−176→ 0 total(indirect: See footnotes) - Award
Common Stock, par value $0.01 per share
2020-06-19$0.73/sh+11,232,877$8,200,000→ 60,750,149 total(indirect: See footnotes)
Axar GP, LLC
Director10% OwnerOther
Transactions
- Award
Common Stock, par value $0.01 per share
2020-06-19$0.73/sh+11,232,877$8,200,000→ 60,750,149 total(indirect: See footnotes) - Award
Common Stock, par value $0.01 per share
2020-06-19+12,054,795→ 72,804,944 total(indirect: See footnotes) - Disposition to Issuer
Series A Preferred Stock, $0.01 par value per share
2020-06-19−176→ 0 total(indirect: See footnotes)
Axelrod Andrew
Director10% Owner
Transactions
- Award
Common Stock, par value $0.01 per share
2020-06-19$0.73/sh+11,232,877$8,200,000→ 60,750,149 total(indirect: See footnotes) - Award
Common Stock, par value $0.01 per share
2020-06-19+12,054,795→ 72,804,944 total(indirect: See footnotes) - Disposition to Issuer
Series A Preferred Stock, $0.01 par value per share
2020-06-19−176→ 0 total(indirect: See footnotes)
Footnotes (3)
- [F1]This Form 4 is filed by Axar Capital Management, LP (the "Investment Manager"), Axar GP LLC ("GP") and Mr. Andrew Axelrod, with respect to the securities held by certain funds and/or managed accounts (collectively, the "Axar Vehicles"). The Investment Manager serves as the investment manager of the Axar Vehicles. GP is the general partner of Investment Manager. Mr. Andrew Axelrod serves as the sole member of the GP.
- [F2]Pursuant to Rule 16a-1 under the Securities Exchange Act of 1934, as amended (the "Act"), each of the Reporting Persons may be deemed to be the beneficial owner of the securities reported herein to the extent of his or its pecuniary interest therein, but disclaims beneficial ownership in excess of such amount; and pursuant to Rule 16a-1(a)(4) under the Act, this filing shall not be deemed an admission that any of the Reporting Persons is, for purposes of Section 16 of the Act or otherwise, the beneficial owner of any securities reported herein in excess of such amount.
- [F3]On June 19, 2020, 12,054,795 shares of Common Stock were issued in exchange for the surrender by the Axar Vehicles of 176 shares of ths Issuer's Series A Preferred Stock, $0.01 par value per share.
Documents
Issuer
Stonemor Inc.
CIK 0001753886
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001673869
Filing Metadata
- Form type
- 4
- Filed
- Jun 22, 8:00 PM ET
- Accepted
- Jun 23, 5:05 PM ET
- Size
- 13.1 KB