SEC Form 4 · accession 0001209191-15-037609
Blackstone Inc. · BX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joan Solotar
Officer — SMD, External Relations
Period of report
Apr 28, 2015
Accepted (ET)
Apr 30, 2015 · 7:52 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 28, 2015 | C | 7,778 | $0.00 | A | 37,670 | D | |
| Common units representing limited partner interests | Apr 28, 2015 | G | 7,778 | $0.00 | D | 29,892 | D |
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 unitsF3 | — | Apr 28, 2015 | C | 7,778 | D | — | — | Common units representing limited partner interests | 7,778 | 487,155 | D |
Explanation of responses
- F1Pursuant to an exchange agreement, the Reporting Person exchanged 7,778 Blackstone Holdings partnership units for an equal number of common units of The Blackstone Group L.P.
- F2The Reporting Person donated a total of 7,778 Blackstone common units to two charitable organizations.
- F3A "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 Reporting Person 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.