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Blackstone Inc. Director's Dealing 2017

Dec 30, 2017

29782_dirs_2017-12-29_7a15f749-a16c-4208-9a53-2d65a3f1af5b.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Blackstone Group L.P. (BX)
CIK: 0001393818
Period of Report: 2017-10-25

Reporting Person: GRAY JONATHAN (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-10-25 Blackstone Holdings partnership units $ G 260507 Disposed Common units representing limited partnership units (260507) Indirect
2017-10-25 Blackstone Holdings partnership units $ G 260507 Acquired Common units representing limited partnership units (260507) Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Blackstone Holdings partnership units $ Common units representing limited partnership units (14879296) 14879296 Direct

Footnotes

F1: A "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.

F2: Reflects annuity payments from Grantor Retained Annuity Trusts to the Reporting Person and assignments from the Reporting Person to Grantor Retained Annuity Trusts.

F3: Reflects a transfer from a terminating Grantor Retained Annuity Trust to a trust for the benefit of the Reporting Person's children.

F4: Such Blackstone Holdings partnership units are held in Grantor Retained Annuity Trusts of which the Reporting Person is the investment trustee.

F5: Such 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.