SEC Form 4 · accession 0001209191-16-093324
Blackstone Inc. · BX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
J Tomilson Hill
Officer — Vice Chairman · Director
Period of report
Jan 20, 2016
Accepted (ET)
Jan 22, 2016 · 9:01 pm EST
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,F2 | Jan 20, 2016 | A | 191,883 | $0.00 | A | 1,175,863 | D | |
| Common units representing limited partner interestsF3 | holding | — | — | — | 991,371 | I | See footnote | |
| Common units representing limited partner interestsF4 | holding | — | — | — | 707,071 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Granted under the 2007 Equity Incentive Plan, these deferred restricted common units will vest ratably over a three-year period, with 63,961 units vesting on January 20, 2017, 63,961 units vesting on January 20, 2018, and 63,961 units vesting on January 20, 2019, subject to the Reporting Person's continued employment with Blackstone. As these deferred restricted common units vest, the underlying common units will be delivered to the Reporting Person. Notwithstanding the foregoing, the units may be delivered earlier upon a change in control of Blackstone.
- F2Includes 15,389 Blackstone common units issued on October 1, 2015 as an anti-dilution adjustment in connection with the spin-off of PJT Partners Inc. by The Blackstone Group L.P.
- F3These units are held by a personal LLC, of which the Reporting Person is a manager.
- F4The units are held by a trust LLC, of which the Reporting Person's spouse is the manager.
Remarks
The Reporting Person disclaims beneficial ownership of the securities reported on this form except to the extent of his pecuniary interest.