Joseph Baratta - Apr 1, 2023 Form 4 Insider Report for Blackstone Inc. (BX)

Role
Director
Signature
Tabea Hsi as Attorney-In-Fact
Stock symbol
BX
Transactions as of
Apr 1, 2023
Transactions value $
-$7,337,194
Form type
4
Date filed
4/4/2023, 07:10 PM
Previous filing
Mar 17, 2023
Next filing
Jun 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BX Common Stock Award $0 +23.3K +1.93% $0.00 1.23M Apr 1, 2023 Direct F1
transaction BX Common Stock Sale -$4.22M -49K -3.98% $86.07 1.18M Apr 3, 2023 Direct F2, F3
transaction BX Common Stock Sale -$3.12M -36K -3.05% $86.66 1.15M Apr 3, 2023 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Granted under the Amended and Restated 2007 Equity Incentive Plan, 10% of these deferred restricted shares, or 2,328 shares, will vest on July 1, 2024; an additional 10%, or 2,328 shares, will vest on July 1, 2025; an additional 20%, or 4,656 shares, will vest on July 1, 2026; an additional 30%, or 6,984 shares, will vest on July 1, 2027; and the remaining 30%, or 6,984 shares, will vest on July 1, 2028. As these deferred restricted shares vest, the shares will be delivered to the Reporting Person, except that 1/4 of the vested shares will be held back and delivered on a future date pursuant to the terms of the Reporting Person's award agreement. Notwithstanding the foregoing, the shares may be delivered earlier upon a change in control of Blackstone.
F2 The sales reported in this filing were made pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person prior to February 27, 2023.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.61 to $86.60, 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 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $86.61 to $86.95, 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.