SCHWARZMAN STEPHEN A 4
4 · Blackstone Group Inc · Filed Aug 27, 2020
Insider Transaction Report
Form 4
SCHWARZMAN STEPHEN A
DirectorChairman and CEO
Transactions
- Gift
Blackstone Holdings Partnership units
2020-08-24−104,867→ 3,178,116 total(indirect: See footnote)→ Class A Common Stock (104,867 underlying) - Sale
Blackstone Holdings Partnership units
2020-08-25$54.70/sh−104,867$5,736,225→ 1,666,666 total(indirect: See footnote)→ Class A Common Stock (104,867 underlying) - Purchase
Blackstone Holdings Partnership units
2020-08-25$54.70/sh+104,867$5,736,225→ 225,641,482 total→ Class A Common Stock (104,867 underlying) - Gift
Blackstone Holdings Partnership units
2020-08-24+104,867→ 1,771,533 total(indirect: See footnote)→ Class A Common Stock (104,867 underlying)
Holdings
- 1,438,529(indirect: See footnote)
Blackstone Holdings Partnership units
→ Class A Common Stock (1,438,529 underlying)
Footnotes (7)
- [F1]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 Class A common stock of The Blackstone Group 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.
- [F2]Such Blackstone Holdings partnership units were previously held in a number of Grantor Retained Annuity Trusts, for which the Reporting Person served as investment trustee and were transferred to a number of trusts, for which the beneficiaries are various descendants of the Reporting Person, and for which the Reporting Person is the investment trustee in accordance with the terms of the Grantor Retained Annuity Trusts.
- [F3]Reflects certain transfers made between a number of Grantor Retained Annuity Trusts and the Reporting Person through the date of this filing. Such transfers were exempt from reporting pursuant to Rule 16a-13 under the Securities Exchange Act of 1934, as amended.
- [F4]Such Blackstone Holdings partnership units are held in a number of Grantor Retained Annuity Trusts, for which the Reporting Person serves as investment trustee.
- [F5]Such Blackstone Holdings partnership units are held in a number of trusts, for which the beneficiaries are various descendants of the Reporting Person, and for which the Reporting Person is the investment trustee.
- [F6]Reflects a transfer from a number of trusts for which the beneficiaries are various descendants of the Reporting Person, to the Reporting Person.
- [F7]Such Blackstone Holdings partnership units are held in a corporation in which the Reporting Person is a controlling shareholder.