4//SEC Filing
Blackstone Group L.P. 4
Accession 0001209191-16-138792
$BXCIK 0001393818operating
Filed
Aug 25, 8:00 PM ET
Accepted
Aug 26, 4:13 PM ET
Size
16.3 KB
Accession
0001209191-16-138792
Insider Transaction Report
Form 4
Solotar Joan
Sr Managing Dir, Public Mkts
Transactions
- Gift
Blackstone Holdings partnership units
2016-03-09−81,812→ 255,679 total→ Common units representing limited partner interests (81,812 underlying) - Gift
Blackstone Holdings partnership units
2016-03-09+40,906→ 40,906 total(indirect: See Footnote)→ Common units representing limited partner interests (40,906 underlying) - Award
Blackstone Holdings partnership units
2016-07-01+39,276→ 294,955 total→ Common units representing limited partner interests (39,276 underlying) - Gift
Blackstone Holdings partnership units
2016-03-09+40,906→ 40,906 total(indirect: See Footnote)→ Common units representing limited partner interests (40,906 underlying)
Holdings
- 150,454(indirect: See Footnote)
Blackstone Holdings partnership units
→ Common units representing limited partner interests (150,454 underlying)
Footnotes (5)
- [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 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, 2016 other than pursuant to transactions or programs approved by Blackstone.
- [F2]Reflects a transfer by the Reporting Person of 150,454 Blackstone Holdings partnership units into a grantor retained annuity trust.
- [F3]Such Blackstone Holdings partnership units are held in trusts for the benefit of the Reporting Person's children, over which the Reporting Person has investment power.
- [F4]Granted under the 2007 Equity Incentive Plan, 20% of these deferred restricted Blackstone Holdings partnership units, or 7,855 units, will vest on July 1, 2019; an additional 30%, or 11,783 units, will vest on July 1, 2020; and the remaining 50%, or 19,638 units, will vest on July 1, 2021. As these deferred restricted Blackstone Holdings partnership units vest, the underlying Blackstone Holdings partnership units will be delivered to the Reporting Person, except that no more than 3/4 of the vested units will be delivered during the Reporting Person's service with Blackstone (with the remaining units to be delivered after the expiration of the Reporting Person's restrictive covenant period). Notwithstanding the foregoing, the units may be delivered earlier upon a change in control of Blackstone.
- [F5]Such Blackstone Holdings partnership units are held in a grantor retained annuity trust of which the Reporting Person is the investment trustee.
Documents
Issuer
Blackstone Group L.P.
CIK 0001393818
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001393818
Filing Metadata
- Form type
- 4
- Filed
- Aug 25, 8:00 PM ET
- Accepted
- Aug 26, 4:13 PM ET
- Size
- 16.3 KB