4//SEC Filing
Goodman Bennett J 4
Accession 0001209191-19-027107
CIK 0001393818other
Filed
May 1, 8:00 PM ET
Accepted
May 2, 6:52 PM ET
Size
20.7 KB
Accession
0001209191-19-027107
Insider Transaction Report
Form 4
Goodman Bennett J
Director
Transactions
- Conversion
Common units representing limited partner interests
2019-04-30+250,000→ 250,000 total - Conversion
Common units representing limited partner interests
2019-04-30+250,000→ 430,319 total(indirect: See footnote) - Gift
Common units representing limited partner interests
2019-04-30−250,000→ 180,319 total(indirect: See footnote) - Sale
Common units representing limited partner interests
2019-05-01$40.04/sh−15,000$600,600→ 235,000 total - Sale
Common units representing limited partner interests
2019-05-02$39.51/sh−100,000$3,951,000→ 135,000 total - Conversion
Blackstone Holdings partnership units
2019-04-30−250,000→ 5,456,946 total→ Common units representing limited partner interests (250,000 underlying) - Conversion
Blackstone Holdings partnership units
2019-04-30−250,000→ 1,288,008 total(indirect: See footnote)→ Common units representing limited partner interests (250,000 underlying)
Holdings
- 176,773(indirect: See footnote)
Common units representing limited partner interests
- 199,542(indirect: See footnote)
Blackstone Holdings partnership units
→ Common units representing limited partner interests (199,542 underlying)
Footnotes (7)
- [F1]Pursuant to an exchange agreement, the Reporting Person exchanged 250,000 Blackstone Holdings partnership units (as defined below) for an equal number of common units of The Blackstone Group L.P.
- [F2]These units are held by two limited liability companies, of which the Reporting Person is a manager.
- [F3]The Reporting Person donated 250,000 Blackstone common units to a charitable organization.
- [F4]The price reported in Column 4 is a weighted average price. These units were sold in multiple transactions at prices ranging from $40.04 to $40.07, 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.
- [F5]The price reported in Column 4 is a weighted average price. These units were sold in multiple transactions at prices ranging from $39.415 to $39.62, 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.
- [F6]These units are held by a limited liability company, of which the Reporting Person's spouse is the manager.
- [F7]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, 2019 other than pursuant to transactions or programs approved by Blackstone.
Documents
Issuer
Blackstone Group L.P.
CIK 0001393818
Entity typeother
Related Parties
1- filerCIK 0001394691
Filing Metadata
- Form type
- 4
- Filed
- May 1, 8:00 PM ET
- Accepted
- May 2, 6:52 PM ET
- Size
- 20.7 KB