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

1/11/2019

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

A (1)

67045

A

$0.00

159529

D

Common units representing limited partner interests

87523

I

See footnote (2)

See

Common units representing limited partner interests

11000

I

footnote (3)

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

3A. Deemed 4. Trans. Code 5. Number of

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

8. Price of 9. Number of Derivative

Explanation of Responses:

• (1) Granted under the 2007 Equity Incentive Plan, these deferred restricted common units will vest ratably over a three-year period, with 22,348 units vesting on January 11, 2020, 22,348 units vesting on January 11, 2021, and 22,349 units vesting on January 11, 2022, subject to the Reporting Person's continued employment with Blackstone. As these deferred restricted common units vest, the underlying common units will be delivered to the Reporting Person. Notwithstanding the foregoing, the units may be delivered earlier upon a change in control of Blackstone.

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

• (3) These units are held by the estate of the Reporting Person's father, of which the Reporting Person is an executor.

Remarks:

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

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Finley John G C/O THE BLACKSTONE GROUP 345 PARK AVENUE NEW YORK, NY 10154	Chief Legal Officer

Signatures

Tabea Y. Hsi as Attorney-In-Fact

1/15/2019

** 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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