Joseph Baratta - 01 Nov 2022 Form 4 Insider Report for Blackstone Inc. (BX)

Role
Director
Signature
Tabea Hsi as Attorney-In-Fact
Issuer symbol
BX
Transactions as of
01 Nov 2022
Net transactions value
$0
Form type
4
Filing time
16 Nov 2022, 17:03:45 UTC
Previous filing
29 Jul 2022
Next filing
11 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BX Common Stock Conversion of derivative security $0 +55,480 +4.9% $0.000000 1,197,445 01 Nov 2022 Direct F1

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 Conversion of derivative security -55,480 -2.3% 2,308,058 01 Nov 2022 Common Stock 55,480 Direct F1, F2
holding BX Blackstone Holdings partnership units 142,237 01 Nov 2022 Common Stock 142,237 See footnote F2, F3
holding BX Blackstone Holdings partnership units 4,506,950 01 Nov 2022 Common Stock 4,541,950 See footnote F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to an exchange agreement, the Reporting Person exchanged 55,480 Blackstone Holdings partnership units (as defined below) for an equal number of shares of Common Stock of Blackstone Inc.
F2 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.
F3 These securities are held by a trust for the benefit of the Reporting Person's family, of which the Reporting Person is a trustee.
F4 These securities are held by a limited liability company, of which the Reporting Person is the manager.

Remarks:

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