SEC Form 4 · accession 0001209191-15-037608
Blackstone Inc. · BX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bennett J Goodman
Director
Period of report
Apr 23, 2015
Accepted (ET)
Apr 30, 2015 · 7:51 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001393818
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common units representing limited partner interestsF1 | Apr 23, 2015 | A | 476,306 | — | A | 733,493 | D | |
| Common units representing limited partner interestsF1,F2 | Apr 23, 2015 | A | 158,769 | — | A | 421,271 | I | See footnote |
| Common units representing limited partner interestsF3 | holding | — | — | — | 530,319 | I | See footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Blackstone Holdings partnership unitsF4 | — | Mar 18, 2015 | G | 1,663,008 | D | — | — | Common units representing limited partner interests | 1,663,008 | 5,627,059 | D |
| Blackstone Holdings partnership unitsF4,F3 | — | Mar 18, 2015 | G | 1,663,008 | A | — | — | Common units representing limited partner interests | 1,663,008 | 1,663,008 | I |
| Blackstone Holdings partnership unitsF4,F2 | — | holding | — | — | — | — | — | Common units representing limited partner interests | 199,542 | 199,542 | I |
Explanation of responses
- F1These units were issued as partial consideration in connection with the acquisition by the Blackstone Group L.P. of GSO Capital Partners L.P.
- F2These units are held by a limited liability company, of which the Reporting Person's spouse is the manager.
- F3These units are held by two limited liability companies, of which the Reporting Person is a manager.
- F4A "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., and Blackstone Holdings IV 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 rights, exercisable from time to time, to exchange each Blackstone Holdings partnership unit for one common unit of The Blackstone Group L.P. The Blackstone Holdings partnership units have no expiration date and may not be exchanged at any time prior to December 31, 2015 other than pursuant to transactions or programs approved by Blackstone.
Remarks
The Reporting Person disclaims beneficial ownership of the securities reported on this form except to the extent of his pecuniary interest.