Chae Michael 4
4 · Blackstone Inc. · Filed Mar 3, 2023
Insider Transaction Report
Form 4
Chae Michael
CFO & Vice Chairman
Transactions
- Gift
Blackstone Holdings partnership units
2023-03-01−160,000→ 5,350,486 total→ Common Stock (160,000 underlying)
Holdings
- 1,000,000(indirect: See footnote)
Blackstone Holdings partnership units
→ Common Stock (1,000,000 underlying) - 150,070(indirect: See footnote)
Blackstone Holdings partnership units
→ Common Stock (150,070 underlying)
Footnotes (4)
- [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 Common Stock of Blackstone 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]The Reporting Person donated 160,000 Blackstone Holdings partnership units to a charitable foundation.
- [F3]Such Blackstone Holdings partnership units are held in a trust, for the benefit of the Reporting Person's family members, of which the Reporting Person is the investment trustee.
- [F4]Such Blackstone Holdings partnership units are held in a trust, for the benefit of the Reporting Person's children, of which the Reporting Person is the investment trustee.