John G. Finley - Jan 7, 2022 Form 4 Insider Report for Blackstone Inc (BX)

Role
Chief Legal Officer
Signature
Tabea Hsi as Attorney-In-Fact
Stock symbol
BX
Transactions as of
Jan 7, 2022
Transactions value $
$0
Form type
4
Date filed
1/11/2022, 08:16 PM
Previous filing
Dec 7, 2021
Next filing
Feb 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction BX Common Stock +Grant/Award $0 +23,663 +7.01% $0.00 361,152 Jan 7, 2022 Direct F1
transaction BX Common Stock -Gift $0 -11,000 -25.27% $0.00 32,523 Dec 27, 2021 See footnote F2, F3
holding BX Common Stock 11,000 Jan 7, 2022 See footnote F4
holding BX Common Stock 2,000 Jan 7, 2022 See footnote F5
holding BX Common Stock 2,000 Jan 7, 2022 See footnote F6

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 $0 -80,964 -18.62% $0.00 353,812 Sep 23, 2021 Common Stock 80,964 Direct F7, F8
transaction BX Blackstone Holdings partnership units +Gift $0 +80,964 $0.00 80,964 Sep 23, 2021 Common Stock 80,964 See footnote F7, F8, F9

Explanation of Responses:

Id Content
F1 Granted under the Amended and Restated 2007 Equity Incentive Plan, these deferred restricted shares will vest ratably over a three-year period, with 7,888 shares vesting on January 1, 2023, 7,887 shares vesting on January 1, 2024, and 7,888 shares vesting on January 1, 2025, subject to the Reporting Person's continued employment with Blackstone. As these deferred restricted shares vest, the underlying shares will be delivered to the Reporting Person. Notwithstanding the foregoing, the shares may be delivered earlier upon a change in control of Blackstone.
F2 The Reporting Person donated 11,000 shares of Blackstone Common Stock to a charitable foundation.
F3 These shares are held by a limited liability company, of which the Reporting Person is the manager.
F4 These shares are held by a trust for the benefit of the Reporting Person and his family, of which the Reporting Person is a trustee.
F5 These shares are held by a trust for the benefit of the Reporting Person's spouse and her family, of which the Reporting Person is a trustee.
F6 These shares are held by a trust for the benefit of the Reporting Person's spouse, of which the Reporting Person's spouse is the trustee.
F7 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 Blackstone 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.
F8 The Reporting Person transferred 80,964 Blackstone Holdings partnership units to a trust of which the Reporting Person is investment trustee.
F9 These securities are held by a trust for the benefit of the Reporting Person's spouse and descendants, of which the Reporting Person is the investment trustee.

Remarks:

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