Filing Details
- Accession Number:
- 0001181431-14-006832
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-02-13 17:59:09
- Reporting Period:
- 2014-02-11
- Filing Date:
- 2014-02-13
- Accepted Time:
- 2014-02-13 17:59:09
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1393818 | Blackstone Group L.p. | BX | Investment Advice (6282) | 000000000 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1307496 | A Laurence Tosi | C/O The Blackstone Group 345 Park Avenue, 43Rd Floor New York NY 10154 | Chief Financial Officer | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Units Representing Limited Partner Interests | Acquisiton | 2014-02-11 | 200,000 | $0.00 | 200,000 | No | 4 | C | Direct | |
| Common Units Representing Limited Partner Interests | Disposition | 2014-02-11 | 114,100 | $31.58 | 85,900 | No | 4 | S | Direct | |
| Common Units Representing Limited Partner Interests | Disposition | 2014-02-12 | 85,900 | $31.56 | 0 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | C | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Units Representing Limited Partnership Interests | Blackstone Holdings partnership units | Disposition | 2014-02-11 | 200,000 | $0.00 | 200,000 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 1,068,225 | No | 4 | C | Direct |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Units Representing Limited Partnership Interests | Blackstone Holdings partnership units | $0.00 | 225,000 | 225,000 | Indirect |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 225,000 | 225,000 | Indirect |
Footnotes
- 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 Reporting Person 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, 2014 other than pursuant to transactions or programs approved by Blackstone.
- Pursuant to an exchange agreement, the Reporting Person exchanged 200,000 Blackstone Holdings partnership units for an equal number of common units of The Blackstone Group L.P. and thereafter sold such 200,000 common units. The proceeds received from the sale of these units represent a portion of the amounts paid or payable for taxes upon prior vesting events of Blackstone Holdings partnership units granted to the Reporting Person in connection with the commencement of his employment with the firm and representing the buyout of managing partner shares of Merrill Lynch & Co. that he forfeited as a result of his departure from that firm.
- The price reported in Column 4 is a weighted average price. These units were sold in multiple transactions at prices ranging from $31.33 to $31.76, 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.
- The price reported in Column 4 is a weighted average price. These units were sold in multiple transactions at prices ranging from $31.28 to $31.87, inclusive.
- These units are held in a trust for the benefit of the Reporting Person's son, of which the Reporting Person is a trustee with investment control.
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