James Hamilton E's Form 4 filing
Blackstone Inc.BX · filed Dec 7, 2021
- Accession no.
- 0001209191-21-068465
- Filed
- Dec 7, 2021
- Trade date
- Dec 3-7, 2021
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 11 non-derivative transactions and 3 derivative transactions. Open-market sales total $1.21B. It was filed 4 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| James Hamilton ECIK 0001238989 | Director, Officer (Executive Vice Chairman) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Dec 3, 2021 | Common Stock | CConversionAcquired | +3,074,349 | $0.00 | $0 | 3,074,349 | Direct | |
| Dec 7, 2021 | Common Stock | SSaleDisposed | −1,803,281 | $134.45F2 | −$242,451,130.45 | 1,271,068 | Direct | |
| Dec 7, 2021 | Common Stock | SSaleDisposed | −1,271,068 | $134.45F3 | −$170,895,092.6 | 0 | Direct | |
| Dec 3, 2021 | Common Stock | CConversionAcquired | +3,650,000 | $0.00 | $0 | 3,650,000 | Indirect | |
| Dec 7, 2021 | Common Stock | SSaleDisposed | −2,140,934 | $134.45F2 | −$287,848,576.3 | 1,509,066 | Indirect | |
| Dec 7, 2021 | Common Stock | SSaleDisposed | −1,509,066 | $134.45F3 | −$202,893,923.7 | 0 | Indirect | |
| Dec 3, 2021 | Common Stock | CConversionAcquired | +2,250,000 | $0.00 | $0 | 2,250,000 | Indirect | |
| Dec 7, 2021 | Common Stock | SSaleDisposed | −1,319,754 | $134.45F2 | −$177,440,925.3 | 930,246 | Indirect | |
| Dec 7, 2021 | Common Stock | SSaleDisposed | −930,246 | $134.45F3 | −$125,071,574.7 | 0 | Indirect | |
| Dec 7, 2021 | Common Stock | SSaleDisposed | −12,023 | $134.45F2 | −$1,616,492.35 | 8,474 | Indirect | |
| Dec 7, 2021 | Common Stock | SSaleDisposed | −8,474 | $134.45F3 | −$1,139,329.3 | 0 | Indirect |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Dec 3, 2021 | Common Stock | CConversionDisposed | −3,074,349 | –F9 | – | 14,648,744 | Direct | |
| Dec 3, 2021 | Common Stock | CConversionDisposed | −3,650,000 | –F9 | – | 857,207 | Indirect | |
| Dec 3, 2021 | Common Stock | CConversionDisposed | −2,250,000 | –F9 | – | 550,000 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F2
Represents a sale of common stock pursuant to a block trade at a price of $134.45 per share.
Referenced by the price of 4 transactions in Table I.
- F3
Represents a repurchase of shares of common stock by the Issuer from the Reporting Person and certain trusts and limited liability company for the benefit of the Reporting Person's family for a price of $134.45 per share, the same price at which such sellers sold shares in the block trade referenced in footnote 2 above.
Referenced by the price of 4 transactions in Table I.
- F9
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.
Referenced by the price of 3 transactions in Table II.
Remarks
The Reporting Person disclaims beneficial ownership of the securities reported on this form except to the extent of his pecuniary interest.