Jeffrey DiGiovanni - 21 Oct 2022 Form 4 Insider Report for Stonemor Inc. (STON)

Role
Officer
Signature
/s/ Shirley Herman, Attorney-in-Fact
Issuer symbol
STON
Transactions as of
21 Oct 2022
Transactions value $
-$260,797
Form type
4
Filing time
24 Oct 2022, 14:02:36 UTC
Next filing
04 Nov 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STON Common Stock Options Exercise $32,204 +18,833 +19.45% $1.71 115,682 21 Oct 2022 Direct
transaction STON Common Stock Options Exercise $360,000 +300,000 +2.59% $1.2 415,682 21 Oct 2022 Direct
transaction STON Common Stock Tax liability -$653,001 -189,826 -45.67% $3.44 225,856 21 Oct 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 +18,833 +99.99% $0 37,667 21 Oct 2022 Common Stock 18,833 $1.71 Direct F1
transaction STON Employee Stock Options (right to buy) Options Exercise $0 +300,000 $0 150,000 21 Oct 2022 Common Stock 300,000 $1.2 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 and Chief Financial Officer 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.