4//SEC Filing
Mangrove Partners Master Fund, Ltd. 4
Accession 0001214659-20-002861
CIK 0001753886other
Filed
Mar 23, 8:00 PM ET
Accepted
Mar 24, 12:15 PM ET
Size
16.4 KB
Accession
0001214659-20-002861
Insider Transaction Report
Form 4
Stonemor Inc.STON
Mangrove Partners Master Fund, Ltd.
10% Owner
Transactions
- Sale
Common Stock, $0.01 par value per share
2020-03-23$1.26/sh−96,100$121,451→ 10,111,113 total - SaleSwap
Cash settled total return swap (obligation to buy)
2020-03-20$1.34/sh−127,174$170,210→ 2,242,703 totalExp: 2022-07-22→ Common Stock (127,174 underlying) - Sale
Common Stock, $0.01 par value per share
2020-03-20$1.51/sh−40,405$61,076→ 10,070,708 total - Sale
Common Stock, $0.01 par value per share
2020-03-23$1.20/sh−77,219$92,539→ 10,207,213 total - Sale
Common Stock, $0.01 par value per share
2020-03-20$1.51/sh−10,400$15,726→ 10,284,432 total
Footnotes (3)
- [F1]These cash-settled total return swaps were entered into by The Mangrove Partners Master Fund, Ltd. ("Master Fund") between July 20, 2017 and May 24, 2019, with Morgan Stanley Capital Services LLC as the counterparty and at prices between $2.0669 and $7.5468. The swaps can be settled and closed at any time by Master Fund.
- [F2]The swaps provide Master Fund with economic exposure to the Common Stock referenced in the swap (the "Subject Securities"), benefiting Master Fund if the price of the Common Stock increases, and benefiting counterparty if the price of the Common Stock decreases. The swap does not provide Master Fund with the power to vote or direct the voting or dispose of, or to dispose or direct the disposition of, the Subject Securities, nor the right to acquire such power over the Subject Securities. The Reporting Persons expressly disclaim beneficial ownership of the Subject Securities.
- [F3]Master Fund, Mangrove Partners, the investment manager of Master Fund, and Nathaniel H. August, the principal of Mangrove Partners, may be deemed to indirectly beneficially own the securities reported herein and disclaims beneficial ownership of these securities, except to the extent of its or his pecuniary interest therein, if any.
Documents
Issuer
Stonemor Inc.
CIK 0001753886
Entity typeother
IncorporatedCayman Islands
Related Parties
1- filerCIK 0001569227
Filing Metadata
- Form type
- 4
- Filed
- Mar 23, 8:00 PM ET
- Accepted
- Mar 24, 12:15 PM ET
- Size
- 16.4 KB