0000902664-19-004109.txt : 20191029
0000902664-19-004109.hdr.sgml : 20191029
20191029193000
ACCESSION NUMBER: 0000902664-19-004109
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20191025
FILED AS OF DATE: 20191029
DATE AS OF CHANGE: 20191029
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Axelrod Andrew
CENTRAL INDEX KEY: 0001673921
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32270
FILM NUMBER: 191176745
MAIL ADDRESS:
STREET 1: 1330 AVENUE OF THE AMERICAS, 6TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10019
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Axar GP, LLC
CENTRAL INDEX KEY: 0001673869
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32270
FILM NUMBER: 191176746
BUSINESS ADDRESS:
STREET 1: 1330 AVENUE OF THE AMERICAS, 6TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10019
BUSINESS PHONE: 212-356-6130
MAIL ADDRESS:
STREET 1: 1330 AVENUE OF THE AMERICAS, 6TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10019
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: AXAR CAPITAL MANAGEMENT L.P.
CENTRAL INDEX KEY: 0001650781
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32270
FILM NUMBER: 191176747
BUSINESS ADDRESS:
STREET 1: 1330 AVENUE OF THE AMERICAS
STREET 2: 30TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10019
BUSINESS PHONE: 212.356.6130
MAIL ADDRESS:
STREET 1: 1330 AVENUE OF THE AMERICAS
STREET 2: 30TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10019
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: STONEMOR PARTNERS LP
CENTRAL INDEX KEY: 0001286131
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PERSONAL SERVICES [7200]
IRS NUMBER: 800103159
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 3600 HORIZON BOULEVARD
STREET 2: SUITE 100
CITY: TREVOSE
STATE: PA
ZIP: 19053
BUSINESS PHONE: 2158262800
MAIL ADDRESS:
STREET 1: 3600 HORIZON BOULEVARD
STREET 2: SUITE 100
CITY: TREVOSE
STATE: PA
ZIP: 19053
4
1
ownership.xml
X0306
4
2019-10-25
0
0001286131
STONEMOR PARTNERS LP
STON
0001650781
AXAR CAPITAL MANAGEMENT L.P.
1330 AVENUE OF THE AMERICAS
30TH FLOOR
NEW YORK
NY
10019
1
0
1
1
See Remarks
0001673869
Axar GP, LLC
1330 AVENUE OF THE AMERICAS, 6TH FLOOR
NEW YORK
NY
10019
1
0
1
1
See Remarks
0001673921
Axelrod Andrew
1330 AVENUE OF THE AMERICAS, 6TH FLOOR
NEW YORK
NY
10019
1
0
1
0
Series A Preferred Units
2019-10-25
4
A
0
1921315
1.2
D
37843177
I
See footnotes
Series A Preferred Units
2019-10-25
4
A
0
37843177
A
Common Units
37843177
37843177
I
See footnotes
1,921,315 Series A Preferred Units were redeemed by the Company in accordance with their terms as set forth in the Issuer's Third Amended and Restated Agreement of Limited Partnership, dated as of June 27, 2019 (the "LPA"). In addition, upon the consummation of the Rights Offering (as defined in the LPA) the remaining Series A Preferred Units became derivative securities as the Series A Preferred Units become convertible into Common Units beginning on the 10th day following the completion of the Rights Offering.
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 Series A Preferred Units 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.
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.
Each Series A Preferred Unit is convertible into one Common Unit (i) at the option of the holder thereof beginning on the 10th day following the completion of the Rights Offering and (ii) automatically upon the consummation of the C-Corporation Conversion (as defined in the LPA).
Upon the consummation of the Rights Offering, the Series A Preferred Units reported in Table I hereof became derivative securities as the Series A Preferred Units become convertible into Common Units beginning on the 10th day following the completion of the Rights Offering.
Because Andrew Axelrod serves on the board of directors of the Issuer as a representative of the Reporting Persons, each of the Investment Manager and the GP is a director by deputization.
AXAR CAPITAL MANAGEMENT, LP, By: Axar GP LLC, its general partner, By:/s/ Andrew Axelrod, its Sole Member
2019-10-29
AXAR GP LLC, By: /s/ Andrew Axelrod, its Sole Member
2019-10-29
/s/ Andrew Axelrod
2019-10-29