Blackstone Inc. — Director's Dealing 2023

Apr 5, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Blackstone Inc. (BX)
CIK: 0001393818
Period of Report: 2023-04-01

Reporting Person: Baratta Joseph (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-04-01	Common Stock	A	23280	$0.00	Acquired	1230448	Direct
2023-04-03	Common Stock	S	48993	$86.07	Disposed	1181455	Direct
2023-04-03	Common Stock	S	36007	$86.66	Disposed	1145448	Direct

Footnotes

F1: Granted under the Amended and Restated 2007 Equity Incentive Plan, 10% of these deferred restricted shares, or 2,328 shares, will vest on July 1, 2024; an additional 10%, or 2,328 shares, will vest on July 1, 2025; an additional 20%, or 4,656 shares, will vest on July 1, 2026; an additional 30%, or 6,984 shares, will vest on July 1, 2027; and the remaining 30%, or 6,984 shares, will vest on July 1, 2028. 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: The sales reported in this filing were made pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person prior to February 27, 2023.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.61 to $86.60, 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.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $86.61 to $86.95, 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.