Hamilton E. James - May 5, 2021 Form 4 Insider Report for Blackstone Group Inc (BX)

Signature
Tabea Hsi as Attorney-In-Fact
Stock symbol
BX
Transactions as of
May 5, 2021
Transactions value $
-$77,961,942
Form type
4
Date filed
5/7/2021, 09:43 PM
Next filing
May 11, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BX Common Stock Sale -$6.97M -78.9K -7.89% $88.34 921K May 5, 2021 Direct F1
transaction BX Common Stock Sale -$8.02M -90.8K -7.89% $88.34 1.06M May 5, 2021 See footnote F1, F2
transaction BX Common Stock Sale -$4.88M -55.3K -7.89% $88.34 645K May 5, 2021 See footnote F1, F3
transaction BX Common Stock Sale -$6.97M -79.3K -8.6% $87.92 842K May 6, 2021 Direct F4
transaction BX Common Stock Sale -$747K -8.47K -1.01% $88.27 833K May 6, 2021 Direct F5
transaction BX Common Stock Sale -$8.02M -91.3K -8.62% $87.92 968K May 6, 2021 See footnote F2, F4
transaction BX Common Stock Sale -$850K -9.63K -0.99% $88.27 958K May 6, 2021 See footnote F2, F6
transaction BX Common Stock Sale -$4.86M -55.3K -8.58% $87.92 589K May 6, 2021 See footnote F3, F4
transaction BX Common Stock Sale -$537K -6.08K -1.03% $88.27 583K May 6, 2021 See footnote F3, F6
transaction BX Common Stock Sale -$12.7M -140K -16.84% $90.24 693K May 7, 2021 Direct F7
transaction BX Common Stock Sale -$14.6M -161K -16.84% $90.24 797K May 7, 2021 See footnote F2, F8
transaction BX Common Stock Sale -$8.87M -98.2K -16.84% $90.25 485K May 7, 2021 See footnote F3, F9
holding BX Common Stock 20.5K May 5, 2021 See footnote F10

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 BX Blackstone Holdings partnership units Gift -1M -5.34% 17.7M Apr 30, 2021 Common Stock 1M Direct F11, F12
holding BX Blackstone Holdings partnership units 4.51M May 5, 2021 Common Stock 4.51M See footnote F2, F11
holding BX Blackstone Holdings partnership units 2.8M May 5, 2021 Common Stock 2.8M See footnote F3, F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $87.875 to $88.61, inclusive. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.
F2 These securities are held in a trust for the benefit of the Reporting Person's children (the Children's Trust), of which the Reporting Person is a trustee, but the Reporting Person does not have or share investment control with respect to the units.
F3 These securities are held in a trust for the benefit of the Reporting Person's grandchildren (the Grandchildren's Trust), of which the Reporting Person is a trustee.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $87.24 to $88.23, inclusive. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $88.24 to $88.34, inclusive. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $88.24 to $88.33, inclusive. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $89.99 to $90.58, inclusive. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.
F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $89.99 to $90.57, inclusive. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.
F9 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $90.03 to $90.56, inclusive. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.
F10 These securities are held in a limited liability company beneficially owned by the Reporting Person, his spouse and a trust for the benefit of the Reporting Person's children.
F11 A "Blackstone Holdings partnership" unit collectively refers to one limited partner interest in each of Blackstone Holdings I L.P., Blackstone Holdings II L.P., Blackstone Holdings III L.P., Blackstone Holdings IV L.P. and Blackstone Holdings AI L.P. Subject to the minimum retained ownership requirements and transfer restrictions set forth in the partnership agreements of the Blackstone partnerships, the holder has the right, exercisable from time to time, to exchange each Blackstone Holdings partnership unit for one share of Common Stock of The Blackstone Group Inc. The Blackstone Holdings partnership units have no expiration date and may not be exchanged other than pursuant to transactions or programs approved by Blackstone.
F12 The Reporting Person donated 1,000,000 Blackstone Holdings partnership units to a charitable foundation.

Remarks:

The Reporting Person disclaims beneficial ownership of the securities reported on this form except to the extent of his pecuniary interest.