Blackstone LP : Statement of Changes in Beneficial Ownership

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

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STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF

SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or

Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person *

2. Issuer Name and Ticker or Trading Symbol

Finley John G

Blackstone Group L.P. [ BX ]

(Street)

4. If Amendment, Date Original Filed (MM/DD/YYYY)

6. Individual or Joint/Group Filing (Check Applicable Line)

NEW YORK, NY 10154

_ X _ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

2. Trans. Date 2A. Deemed

4. Securities Acquired (A) 5. Amount of Securities Beneficially Owned or Disposed of (D)

Common units representing limited partner interests 10/29/2018

G

V

20519

D

$0.00

92484

D

Common units representing limited partner interests 10/29/2018

GV

20519

A

$0.00

87523

I

See footnote (1)

Common units representing limited partner interests 10/30/2018

C (2)

15000

A

$0.00

107484

D

Common units representing limited partner interests 10/30/2018

GV

15000

D

$0.00

92484

D

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)

Blackstone Holdings partnership units

3A. Deemed 4. Trans. Execution

6. Date Exercisable and 7. Title and Amount of Expiration Date

Common units

8. Price of 9. Number of Derivative

(3)

10/30/2018

C

(2)

15000

(3)

(3)

representing

15000

(3)

530535

D

limited partner

interests

Explanation of Responses:

• (1) These units are held by a limited liability company, of which the Reporting Person is the manager.

• (2) Pursuant to an exchange agreement, the Reporting Person exchanged 15,000 Blackstone Holdings partnership units (as defined below) for an equal number of common units of The Blackstone Group L.P.

• (3) 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, 2018 other than pursuant to transactions or programs approved by Blackstone.

Remarks:

The Reporting Person disclaims beneficial ownership of the securities reported on this form except to the extent of his pecuniary interest.

Reporting Owners

Finley John G

Relationships

Director 10% Owner Officer

Other

Signatures

Tabea Y. Hsi as Attorney-In-Fact

11/1/2018

** Signature of Reporting Person

Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

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