SEC Form 4 · accession 0001209191-17-067677
Blackstone Inc. · BX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jonathan Gray
Director
Period of report
Oct 25, 2017
Accepted (ET)
Dec 29, 2017 · 6:27 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001393818
Table I — non-derivative securities
No Table I lines on this filing.
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 unitsF1,F4 | — | Oct 25, 2017 | G | 260,507 | D | — | — | Common units representing limited partnership units | 260,507 | 15,989,920 | I |
| Blackstone Holdings partnership unitsF1,F5 | — | Oct 25, 2017 | G | 260,507 | A | — | — | Common units representing limited partnership units | 260,507 | 9,716,084 | I |
| Blackstone Holdings partnership unitsF1,F2 | — | holding | — | — | — | — | — | Common units representing limited partnership units | 14,879,296 | 14,879,296 | D |
Explanation of responses
- F1A "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 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, 2017 other than pursuant to transactions or programs approved by Blackstone.
- F2Reflects annuity payments from Grantor Retained Annuity Trusts to the Reporting Person and assignments from the Reporting Person to Grantor Retained Annuity Trusts.
- F3Reflects a transfer from a terminating Grantor Retained Annuity Trust to a trust for the benefit of the Reporting Person's children.
- F4Such Blackstone Holdings partnership units are held in Grantor Retained Annuity Trusts of which the Reporting Person is the investment trustee.
- F5Such Blackstone Holdings partnership units are held in trusts, for the benefit of the Reporting Person's children, of which the Reporting Person is the investment trustee.
Remarks
Pursuant to Rule 16a-1(a)(4) under the Exchange Act, the Reporting Person states that this filing shall not be an admission that the Reporting Person is the beneficial owner of any of the securities reported herein as indirectly held, and the Reporting Person disclaims beneficial ownership of such securities except to the extent of the Reporting Person's pecuniary interest therein.