4//SEC Filing
Blackstone Group L.P. 4
Accession 0001209191-15-063009
$BXCIK 0001393818operating
Filed
Jul 29, 8:00 PM ET
Accepted
Jul 30, 6:54 PM ET
Size
14.8 KB
Accession
0001209191-15-063009
Insider Transaction Report
Form 4
Tosi Laurence A
Chief Financial Officer
Transactions
- Conversion
Common units representing limited partner interests
2015-07-28+225,000→ 225,000 total(indirect: See footnote) - Conversion
Blackstone Holdings partnership units
2015-07-28−225,000→ 0 total(indirect: See footnote)→ Common units representing limited partner interests (225,000 underlying) - Conversion
Common units representing limited partner interests
2015-07-28+26,184→ 76,109 total - Sale
Common units representing limited partner interests
2015-07-28$38.75/sh−26,184$1,014,630→ 49,925 total - Conversion
Blackstone Holdings partnership units
2015-07-28−26,184→ 890,902 total→ Common units representing limited partner interests (26,184 underlying)
Footnotes (5)
- [F1]Pursuant to an exchange agreement, the Reporting Person exchanged 26,184 Blackstone Holdings partnership units for an equal number of common units of The Blackstone Group L.P.
- [F2]The price reported in Column 4 is a weighted average price. These units were sold in multiple transactions at prices ranging from $38.54 to $39.05, 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 units sold at each separate price for all transactions reported on this Form 4.
- [F3]Pursuant to an exchange agreement, the holder exchanged 225,000 Blackstone Holdings partnership units for an equal number of common units of The Blackstone Group L.P.
- [F4]These units are held in a trust for the benefit of the Reporting Person's children, of which the Reporting Person is a trustee with investment control.
- [F5]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., and Blackstone Holdings IV 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 rights, exercisable from time to time, to exchange each Blackstone Holdings partnership unit for one common unit of The Blackstone Group L.P. The Blackstone Holdings partnership units have no expiration date and may not be exchanged at any time prior to December 31, 2015 other than pursuant to transactions or programs approved by Blackstone.
Documents
Issuer
Blackstone Group L.P.
CIK 0001393818
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001393818
Filing Metadata
- Form type
- 4
- Filed
- Jul 29, 8:00 PM ET
- Accepted
- Jul 30, 6:54 PM ET
- Size
- 14.8 KB