Blackstone Inc. — Director's Dealing 2021

May 21, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Blackstone Group Inc (BX)
CIK: 0001393818
Period of Report: 2021-05-19

Reporting Person: JAMES HAMILTON E (Director, Executive Vice Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-05-19	Common Stock	S	57431	$87.12	Disposed	71870	Direct
2021-05-19	Common Stock	S	12744	$87.53	Disposed	59126	Direct
2021-05-19	Common Stock	S	66149	$87.12	Disposed	82923	Indirect
2021-05-19	Common Stock	S	14553	$87.53	Disposed	68370	Indirect
2021-05-19	Common Stock	S	42648	$87.14	Disposed	47189	Indirect
2021-05-19	Common Stock	S	6475	$87.54	Disposed	40714	Indirect
2021-05-20	Common Stock	S	59126	$89.37	Disposed	0	Direct
2021-05-20	Common Stock	S	68370	$89.37	Disposed	0	Indirect
2021-05-20	Common Stock	S	40714	$89.37	Disposed	0	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	20497	Indirect

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $86.49 to $87.48, inclusive. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $87.49 to $87.63, inclusive. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.

F3: These securities are held in a trust for the benefit of the Reporting Person's children (the Children's Trust), of which the Reporting Person is a trustee, but the Reporting Person does not have or share investment control with respect to the units.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $86.51 to $87.50, inclusive. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.

F5: These securities are held in a trust for the benefit of the Reporting Person's grandchildren (the Grandchildren's Trust), of which the Reporting Person is a trustee.

F6: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $87.51 to $87.59, inclusive. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.

F7: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $88.97 to $89.72, inclusive. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.

F8: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $88.97 to $89.70, inclusive. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.

F9: These securities are held in a limited liability company beneficially owned by the Reporting Person, his spouse and a trust for the benefit of the Reporting Person's children.