Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
(d)
On September 15, 2020, Reginald J. Brown was appointed to the board of directors
(the "Board") of The Blackstone Group Inc.
Mr. Brown will receive an annual cash retainer of $150,000. In addition,
Mr. Brown will receive, effective September 15, 2020, a grant of deferred
restricted common stock units with a value of $210,000 under The Blackstone
Group Inc. Amended and Restated 2007 Equity Incentive Plan. These deferred
restricted common stock units will vest, and the underlying shares of Class A
common stock will be delivered, on the first anniversary of the date of grant,
subject to Mr. Brown's continued service on the Board.
A copy of the press release announcing the appointment of Mr. Brown to the Board
is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. Description
99.1 Press release of The Blackstone Group Inc. dated September 15, 2020.
104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL.
--------------------------------------------------------------------------------
© Edgar Online, source Glimpses