Spencer E. Goldenberg - Nov 3, 2022 Form 4 Insider Report for Stonemor Inc. (STON)

Role
Director
Signature
/s/ Shirley Herman, Attorney-in-Fact
Stock symbol
STON
Transactions as of
Nov 3, 2022
Transactions value $
-$255,806
Form type
4
Date filed
11/4/2022, 12:51 PM
Previous filing
Oct 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STON Common Stock Disposed to Issuer -$35K -10K -100% $3.50 0 Nov 3, 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 Restricted Phantom Common Stock Disposed to Issuer -$221K -63.1K -100% $3.50 0 Nov 3, 2022 Common Stock 63.1K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This award of restricted phantom common stock was cancelled in the merger contemplated by an Agreement and Plan of Merger among Axar Cemetery Parent Corp., StoneMor Inc. and Axar Cemetery Merger Corp. in exchange for a cash payment of $220,806.44, representing the cash merger consideration per share.

Remarks:

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.