Blackstone Inc. — Director's Dealing 2023

Jan 11, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Blackstone Inc. (BX)
CIK: 0001393818
Period of Report: 2023-01-09

Reporting Person: Baratta Joseph (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-01-09	Common Stock	A	9723	$0.00	Acquired	1207168	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-12-07	Blackstone Holdings partnership units	$	G	15000	Disposed		Common Stock (15000)	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Blackstone Holdings partnership units	$		Common Stock (2308058)	2308058	Direct
Blackstone Holdings partnership units	$		Common Stock (142237)	142237	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 3,241 shares vesting on January 1, 2024, 3,241 shares vesting on January 1, 2025, and 3,241 shares vesting on January 1, 2026, 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: 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.

F3: The Reporting Person donated 15,000 Blackstone Holdings partnership units to a charitable foundation

F4: These securities are held by a limited liability company, of which the Reporting Person is the manager.

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