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5//SEC Filing

PETERSON PETER G 5

Accession 0001181431-09-011018

CIK 0001393818other

Filed

Feb 23, 7:00 PM ET

Accepted

Feb 24, 4:34 PM ET

Size

9.2 KB

Accession

0001181431-09-011018

Insider Transaction Report

Form 5
Period: 2008-12-31
Transactions
  • Gift

    Blackstone Holdings Partnership units

    2008-08-12100,00040,212,495 total
    Common units representing limited partnership units (100,000 underlying)
Holdings
  • Blackstone Holdings Partnership units

    (indirect: See Footnotes)
    Common units representing limited partnership units (5,006,717 underlying)
    5,006,717
Footnotes (4)
  • [F1]Pursuant to an exchange agreement, holders of Blackstone Holdings partnership units (which term refers collectively to a partnership unit in each of Blackstone Holdings I L.P., Blackstone Holdings II L.P., Blackstone Holdings III L.P. and Blackstone Holdings IV L.P.), subject to the vesting and minimum retained ownership requirements and transfer restrictions set forth in the partnership agreements of the Blackstone Holdings partnerships, may up to four times each year (subject to the terms of the exchange agreement) exchange their Blackstone Holdings partnership units for The Blackstone Group L.P. common units on a one-for-one basis, subject to customary conversion rate adjustments for splits, unit distributions and reclassifications. ( Continued in footnote 2 )
  • [F2]A Blackstone Holdings limited partner must exchange one partnership unit in each of the four Blackstone Holdings partnerships to effect an exchange for a common unit. Notwithstanding the foregoing, the reported Blackstone Holdings partnership units may not be exchanged at any time prior to December 31, 2009 other than pursuant to transactions or programs approved by Blackstone.
  • [F3]Such Blackstone Holdings partnership units are held in five trusts, for which the beneficiaries are various descendants of the Reporting Person, and for which either the Reporting Person or the spouse of the Reporting Person is the investment trustee.
  • [F4]Pursuant to Rule 16a-1(a)(4) of the Securities Exchange Act of 1934, as amended, the Reporting Person herein states that this filing shall not be deemed an admission that he or it is the beneficial owner of any of such interests, and disclaims beneficial ownership of such interests, except to the extent of his pecuniary interest in such interests.

Issuer

Blackstone Group L.P.

CIK 0001393818

Entity typeother

Related Parties

1
  • filerCIK 0001070843

Filing Metadata

Form type
5
Filed
Feb 23, 7:00 PM ET
Accepted
Feb 24, 4:34 PM ET
Size
9.2 KB