Blackstone Inc. — Director's Dealing 2019

Jan 16, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Blackstone Group L.P. (BX)
CIK: 0001393818
Period of Report: 2019-01-11

Reporting Person: Finley John G (Chief Legal Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-01-11	Common units representing limited partner interests	A	67045	$0.00	Acquired	159529	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common units representing limited partner interests	87523	Indirect
Common units representing limited partner interests	11000	Indirect

Footnotes

F1: Granted under the 2007 Equity Incentive Plan, these deferred restricted common units will vest ratably over a three-year period, with 22,348 units vesting on January 11, 2020, 22,348 units vesting on January 11, 2021, and 22,349 units vesting on January 11, 2022, 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.

F2: These units are held by a limited liability company, of which the Reporting Person is the manager.

F3: These units are held by the estate of the Reporting Person's father, of which the Reporting Person is an executor.