Sec Form 4 Filing - Finley John G @ Blackstone Inc - 2022-01-07

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

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person Finley John G 2. Issuer Name and Ticker or Trading Symbol Blackstone Inc [ BX] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) Chief Legal Officer (Last) (First) (Middle) C/O BLACKSTONE INC., 345 PARK AVENUE 3. Date of Earliest Transaction (MM/DD/YY) 01/07/2022 (Street) NEW YORK, NY10154 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ 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.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 01/07/2022 A( 1 ) 23,663 A $ 0 361,152 D Common Stock 12/27/2021 G( 2 ) V 11,000 D $ 0 32,523 I See footnote( 3 ) Common Stock 11,000 I See footnote( 4 ) Common Stock 2,000 I See footnote( 5 ) Common Stock 2,000 I See footnote( 6 )

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying S ecurities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Blackstone Holdings partnership units ( 7 ) 09/23/2021 G( 8 ) V 80,964 ( 7 ) ( 7 ) Common Stock 80,964 $ 0 353,812 D Blackstone Holdings partnership units ( 7 ) 09/23/2021 G( 8 ) V 80,964 ( 7 ) ( 7 ) Common Stock 80,964 $ 0 80,964 I See footnote( 9 )

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Finley John G C/O BLACKSTONE INC. 345 PARK AVENUE NEW YORK, NY10154 Chief Legal Officer Signatures Tabea Hsi as Attorney-In-Fact 01/11/2022 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Granted under the Amended and Restated 2007 Equity Incentive Plan, these deferred restricted shares will vest ratably over a three-year period, with 7,888 shares vesting on January 1, 2023, 7,887 shares vesting on January 1, 2024, and 7,888 shares vesting on January 1, 2025, subject to the Reporting Person's continued employment with Blackstone. As these deferred restricted shares vest, the underlying shares will be delivered to the Reporting Person. Notwithstanding the foregoing, the shares may be delivered earlier upon a change in control of Blackstone. ( 2 )The Reporting Person donated 11,000 shares of Blackstone Common Stock to a charitable foundation. ( 3 )These shares are held by a limited liability company, of which the Reporting Person is the manager. ( 4 )These shares are held by a trust for the benefit of the Reporting Person and his family, of which the Reporting Person is a trustee. ( 5 )These shares are held by a trust for the benefit of the Reporting Person's spouse and her family, of which the Reporting Person is a trustee. ( 6 )These shares are held by a trust for the benefit of the Reporting Person's spouse, of which the Reporting Person's spouse is the trustee. ( 7 )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. ( 8 )The Reporting Person transferred 80,964 Blackstone Holdings partnership units to a trust of which the Reporting Person is investment trustee. ( 9 )These securities are held by a trust for the benefit of the Reporting Person's spouse and descendants, of which the Reporting Person is the investment trustee.

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

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).

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