Thomas A. Connolly - Oct 20, 2022 Form 4 Insider Report for Stonemor Inc. (STON)

Role
Officer
Signature
/s/ Shirley Herman, Attorney-in-Fact
Stock symbol
STON
Transactions as of
Oct 20, 2022
Transactions value $
-$171,567
Form type
4
Date filed
10/24/2022, 01:57 PM
Previous filing
Dec 7, 2021
Next filing
Nov 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STON Common Stock Options Exercise $32.2K +18.8K +36.28% $1.71 70.7K Oct 20, 2022 Direct
transaction STON Common Stock Options Exercise $360K +300K +424.05% $1.20 371K Oct 20, 2022 Direct
transaction STON Common Stock Tax liability -$564K -164K -44.2% $3.44 207K Oct 20, 2022 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction STON Employee Stock Options (right to buy) Options Exercise $0 +18.8K +99.99% $0.00 37.7K Oct 20, 2022 Common Stock 18.8K $1.71 Direct F1
transaction STON Employee Stock Options (right to buy) Options Exercise $0 +300K $0.00 150K Oct 20, 2022 Common Stock 300K $1.20 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This option vests in equal annual installments over a three-year period, commencing on the first anniversary following the date of grant which was December 3, 2020.
F2 This option vests in equal annual installments over a three-year period, commencing on the first anniversary following the date of grant which was December 18, 2019.

Remarks:

SVP of Business Planning and Operations 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 owners of any equity securities covered by this statement, or (b) that this statement is legally required to be filed by such person.