SCHWARZMAN STEPHEN A 5
5 · Blackstone Group Inc · Filed Feb 16, 2021
Insider Transaction Report
Form 5
SCHWARZMAN STEPHEN A
DirectorChairman and CEO
Transactions
- Gift
Blackstone Holdings Partnership units
2020-12-10+340,984→ 2,007,650 total(indirect: See footnote)→ Class A Common Stock (340,984 underlying) - Gift
Blackstone Holdings Partnership units
2020-12-10−340,984→ 2,677,276 total(indirect: See footnote)→ Class A Common Stock (340,984 underlying)
Holdings
- 225,801,338
Blackstone Holdings Partnership units
→ Class A Common Stock (225,790,599 underlying) - 1,438,529(indirect: See footnote)
Blackstone Holdings Partnership units
→ Class A Common Stock (1,438,529 underlying)
Footnotes (6)
- [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 Grantor Retained Annuity Trust, for which the Reporting Person served as investment trustee and were transferred to a trust, 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 Trust.
- [F3]Reflects certain transfers made between a number of Grantor Retained Annuity Trusts and the Reporting Person. 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]Such Blackstone Holdings partnership units are held in a corporation in which the Reporting Person is a controlling shareholder.