Blackstone Inc. — Director's Dealing 2020

May 16, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Blackstone Group Inc (BX)
CIK: 0001393818
Period of Report: 2020-04-01

Reporting Person: GRAY JONATHAN (Director, President & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-04-01	Class A Common Stock	A	757217	$0.00	Acquired	1253128	Direct

Footnotes

F1: Granted under the Amended and Restated 2007 Equity Incentive Plan, 10% of these deferred restricted shares, or 75,721 shares, will vest on July 1, 2021; an additional 10%, or 75,722 shares, will vest on July 1, 2022; an additional 20%, or 151,443 shares, will vest on July 1, 2023; an additional 30%, or 227,165 shares, will vest on July 1, 2024; and the remaining 30%, or 227,166 shares, will vest on July 1, 2025. As these deferred restricted shares vest, the shares will be delivered to the Reporting Person, except that 1/4 of the vested shares will be held back and delivered on a future date pursuant to the terms of the Reporting Person's award agreement. Notwithstanding the foregoing, the shares may be delivered earlier upon a change in control of Blackstone.