Blackstone Inc. — Director's Dealing 2021

Apr 7, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Blackstone Group Inc (BX)
CIK: 0001393818
Period of Report: 2021-04-01

Reporting Person: Finley John G (Chief Legal Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-04-01	Common Stock	A	91279	$0.00	Acquired	396893	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	43523	Indirect
Common Stock	11000	Indirect
Common Stock	2000	Indirect
Common Stock	2000	Indirect

Footnotes

F1: Granted under the Amended and Restated 2007 Equity Incentive Plan, 10% of these deferred restricted shares, or 9,128 shares, will vest on July
1, 2022; an additional 10%, or 9,128 shares, will vest on July 1, 2023; an additional 20%, or 18,255 shares, will vest on July 1, 2024; an additional
30%, or 27,384 shares, will vest on July 1, 2025; and the remaining 30%, or 27,384 shares, will vest on July 1, 2026. 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.

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

F3: These shares are held by a trust for the benefit of the Reporting Person and his family, of which the Reporting Person is a trustee.

F4: These shares are held by a trust for the benefit of the Reporting Person's spouse and her family, of which the Reporting Person is a trustee.

F5: These shares are held by a trust for the benefit of the Reporting Person's spouse, of which the Reporting Person's spouse is the trustee.