Blackstone Inc. — Director's Dealing 2016

Jul 12, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Blackstone Group L.P. (BX)
CIK: 0001393818
Period of Report: 2016-07-09

Reporting Person: LAZARUS ROCHELLE B (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-07-09	Common units representing limited partner interests	A	6300	$0.00	Acquired	30776	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common units representing limited partner interests	2950	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, 2017 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: Includes 61 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.

F3: These units are held in trusts for the benefit of the Reporting Person's children, over which the Reporting Person shares investment control.