Blackstone Inc. — Director's Dealing 2022

Jan 12, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Blackstone Inc (BX)
CIK: 0001393818
Period of Report: 2022-01-07

Reporting Person: Finley John G (Chief Legal Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-01-07	Common Stock	A	23663	$0.00	Acquired	361152	Direct
2021-12-27	Common Stock	G	11000	$0.00	Disposed	32523	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-09-23	Blackstone Holdings partnership units	$	G	80964	Disposed		Common Stock (80964)	Direct
2021-09-23	Blackstone Holdings partnership units	$	G	80964	Acquired		Common Stock (80964)	Indirect

Holdings (Non-Derivative)

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

Footnotes

F1: Granted under the Amended and Restated 2007 Equity Incentive Plan, these deferred restricted shares will vest ratably over a three-year period, with 7,888 shares vesting on January 1, 2023, 7,887 shares vesting on January 1, 2024, and 7,888 shares vesting on January 1, 2025, subject to the Reporting Person's continued employment with Blackstone. As these deferred restricted shares vest, the underlying shares will be delivered to the Reporting Person. Notwithstanding the foregoing, the shares may be delivered earlier upon a change in control of Blackstone.

F2: The Reporting Person donated 11,000 shares of Blackstone Common Stock to a charitable foundation.

F3: These shares are held by a limited liability company, of which the Reporting Person is the manager.

F4: 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.

F5: 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.

F6: 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.

F7: 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 share of Common Stock of Blackstone Inc. The Blackstone Holdings partnership units have no expiration date and may not be exchanged other than pursuant to transactions or programs approved by Blackstone.

F8: The Reporting Person transferred 80,964 Blackstone Holdings partnership units to a trust of which the Reporting Person is investment trustee.

F9: These securities are held by a trust for the benefit of the Reporting Person's spouse and descendants, of which the Reporting Person is the investment trustee.