Joseph Baratta - Jan 9, 2023 Form 4 Insider Report for Blackstone Inc. (BX)

Role
Director
Signature
Tabea Hsi as Attorney-In-Fact
Stock symbol
BX
Transactions as of
Jan 9, 2023
Transactions value $
$0
Form type
4
Date filed
1/11/2023, 03:41 PM
Previous filing
Nov 16, 2022
Next filing
Feb 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BX Common Stock Award $0 +9.72K +0.81% $0.00 1.21M Jan 9, 2023 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 Gift $0 -15K -0.33% $0.00 4.49M Dec 7, 2022 Common Stock 15K See footnote F2, F3, F4
holding BX Blackstone Holdings partnership units 2.31M Jan 9, 2023 Common Stock 2.31M Direct F2
holding BX Blackstone Holdings partnership units 142K Jan 9, 2023 Common Stock 142K See footnote F2, F5
* 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, these deferred restricted shares will vest ratably over a three-year period, with 3,241 shares vesting on January 1, 2024, 3,241 shares vesting on January 1, 2025, and 3,241 shares vesting on January 1, 2026, 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 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 The Reporting Person donated 15,000 Blackstone Holdings partnership units to a charitable foundation
F4 These securities are held by a limited liability company, of which the Reporting Person is the manager.
F5 These securities are held by a trust for the benefit of the Reporting Person's family, of which the Reporting Person is a trustee.

Remarks:

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