Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | BX | Common Stock | Sale | -$6.39M | -66.8K | -5.53% | $95.78 | 1.14M | Feb 3, 2023 | Direct | F1, F2 |
transaction | BX | Common Stock | Sale | -$1.76M | -18.3K | -1.6% | $96.54 | 1.12M | Feb 3, 2023 | Direct | F1, F3 |
transaction | BX | Common Stock | Conversion of derivative security | $0 | +85K | +7.57% | $0.00 | 1.21M | Feb 7, 2023 | Direct | F4 |
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 | -85K | -3.68% | 2.22M | Feb 7, 2023 | Common Stock | 85K | Direct | F4, F5 | |||
holding | BX | Blackstone Holdings partnership units | 4.49M | Feb 3, 2023 | Common Stock | 4.49M | See footnote | F5, F6 | ||||||
holding | BX | Blackstone Holdings partnership units | 142K | Feb 3, 2023 | Common Stock | 142K | See footnote | F5, F7 |
Id | Content |
---|---|
F1 | The sales reported in this filing were made pursuant to a Rule 10b5-1 sales plan. |
F2 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $95.28 to $96.27, 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. |
F3 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $96.28 to $97.05, 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. |
F4 | Pursuant to an exchange agreement, the Reporting Person exchanged 85,000 Blackstone Holdings partnership units (as defined below) for an equal number of shares of Common Stock of Blackstone Inc. |
F5 | 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. |
F6 | These securities are held by a limited liability company, of which the Reporting Person is the manager. |
F7 | These securities are held by a trust for the benefit of the Reporting Person's family, of which the Reporting Person is a trustee. |
The Reporting Person disclaims beneficial ownership of the securities reported on this form except to the extent of his pecuniary interest.