Blackstone Inc. — Director's Dealing 2013

Jan 3, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Blackstone Group L.P. (BX)
CIK: 0001393818
Period of Report: 2013-01-01

Reporting Person: SKERO KATHLEEN (Principal Accounting Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-01-01	Common units representing limited partner interests	A	23314	—	Acquired	116632	Direct

Footnotes

F1: Granted under the 2007 Equity Incentive Plan, 18,651 of these 23,314 deferred restricted common units vest ratably over a four-year period, with 4,662 units vesting on January 1, 2014, 4,663 units vesting on January 1, 2015, 4,663 units vesting on January 1, 2016, and 4,663 units vesting on January 1, 2017, subject to the Reporting Person's continued employment with Blackstone. Also granted under the 2007 Equity Incentive Plan, 4,663 of these deferred restricted common units will vest on the four-year anniversary of the grant date, which is January 1, 2017, 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.