Michael Chae - Mar 1, 2023 Form 4 Insider Report for Blackstone Inc. (BX)

Role
Chief Financial Officer
Signature
Tabea Hsi as Attorney-In-Fact
Stock symbol
BX
Transactions as of
Mar 1, 2023
Transactions value $
$0
Form type
4
Date filed
3/3/2023, 04:02 PM
Previous filing
Jan 11, 2023
Next filing
Apr 4, 2023

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 -160K -2.9% $0.00 5.35M Mar 1, 2023 Common Stock 160K Direct F1, F2
holding BX Blackstone Holdings partnership units 1M Mar 1, 2023 Common Stock 1M See footnote F1, F3
holding BX Blackstone Holdings partnership units 150K Mar 1, 2023 Common Stock 150K See footnote F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 The Reporting Person donated 160,000 Blackstone Holdings partnership units to a charitable foundation.
F3 Such Blackstone Holdings partnership units are held in a trust, for the benefit of the Reporting Person's family members, of which the Reporting Person is the investment trustee.
F4 Such Blackstone Holdings partnership units are held in a trust, for the benefit of the Reporting Person's children, 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.