Blackstone Inc. — Director's Dealing 2010

Mar 16, 2010

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Vitamin Shoppe, Inc. (VSI)
CIK: 0001360530
Period of Report: 2009-10-27

Reporting Person: Blackstone Holdings II L.P. (10% Owner)
Reporting Person: Blackstone Holdings I/II GP Inc (10% Owner)
Reporting Person: Blackstone Mezzanine Management Associates L.L.C. (10% Owner)
Reporting Person: Blackstone Mezzanine Associates L.P. (10% Owner)
Reporting Person: BLACKSTONE MEZZANINE PARTNERS LP (10% Owner)
Reporting Person: BMP Side-by-Side GP L.L.C. (10% Owner)
Reporting Person: Blackstone Mezzanine Holdings L.P. (10% Owner)
Reporting Person: Blackstone Group Management L.L.C. (10% Owner)
Reporting Person: Blackstone Group L.P. (10% Owner)
Reporting Person: SCHWARZMAN STEPHEN A (10% Owner)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	446661	Indirect
Common Stock	18611	Indirect
Series A Preferred Stock	4780	Indirect
Series A Preferred Stock	199	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Warrants (right to buy)	$0	2012-11-02	Common Stock (680589)		Indirect
Warrants (right to buy)	$0	2012-11-02	Common Stock (28357)		Indirect

Footnotes

F1: Represents securities directly beneficially owned by Blackstone Mezzanine Partners L.P. Blackstone Mezzanine Management Associates L.L.C. is the general partner of Blackstone Mezzanine Associates L.P. which is the general partner of Blackstone Mezzanine Partners L.P.

F2: Represents securities directly beneficially owned by Blackstone Mezzanine Holdings L.P. BMP Side-by-Side GP L.L.C. is the general partner of Blackstone Mezzanine Holdings L.P.

F3: Blackstone Holdings II L.P. is the managing member of Blackstone Mezzanine Management Associates L.L.C. and the sole member of BMP Side-by-Side GP L.L.C. Blackstone Holdings I/II GP Inc. is the general partner of Blackstone Holdings II L.P. The Blackstone Group L.P. is the sole shareholder of Blackstone Holdings I/II GP Inc. Blackstone Group Management L.L.C. is the general partner of The Blackstone Group L.P. Mr. Schwarzman is the founding member of Blackstone Group Management L.L.C.

F4: As of October 27, 2009, the Series A Preferred Stock was convertible into shares of the Issuer's Common Stock upon an initial public offering by the Issuer, subject to certain conditions. Upon conversion, each share of Series A Preferred Stock would entitle the Reporting Person to a number of shares of the Issuer's Common Stock equal to the liquidation preference amount of $1,000, plus accrued and unpaid dividends, divided by the offering price per share to the public. Any such conversion would be effected at the time of the closing of such an initial public offering.