Blackstone Inc. — Director's Dealing 2014

Jul 11, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Blackstone Group L.P. (BX)
CIK: 0001393818
Period of Report: 2014-07-09

Reporting Person: LAZARUS ROCHELLE B (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-07-09	Common units representing limited partner interests	A	4581	—	Acquired	20578	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common units representing limited partner interests	3750	Indirect

Footnotes

F1: Granted under the 2007 Equity Incentive Plan, these deferred restricted units will vest, and the underlying common units will be delivered, on July 9, 2015 subject to the Reporting Person's continued service on the board of directors of Blackstone Group Management L.L.C., the general partner of The Blackstone Group L.P.

F2: These units are held in trusts for the benefit of the Reporting Person's children, over which the Reporting Person shares investment control. The Reporting Person disclaims beneficial ownership of these securities except to the extent of her pecuniary interest.