Current Report Filing (8-k)
25 Juni 2020 - 2:16PM
Edgar (US Regulatory)
Blackstone Group Inc false 0001393818 0001393818 2020-06-25 2020-06-25
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 25, 2020
The Blackstone Group Inc.
(Exact name of Registrant as specified in its charter)
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Delaware
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001-33551
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20-8875684
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(State or other jurisdiction of
incorporation)
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(Commission File Number)
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(I.R.S. Employer
Identification No.)
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345 Park Avenue
New York, New York
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10154
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(Address of principal executive offices)
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(Zip Code)
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(212) 583-5000
(Registrant’s telephone number, including area code)
NOT APPLICABLE
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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☐
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities registered pursuant to Section 12(b) of the Act:
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Title of each class
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Trading
Symbol(s)
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Name of each exchange on which registered
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Class A Common Stock
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BX
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New York Stock Exchange
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers;
Compensatory Arrangements of Certain Officers.
(d)
On June 25, 2020, Ruth Porat was appointed to the board of directors (the “Board”) of The Blackstone Group Inc. and its Audit Committee.
Ms. Porat will receive an annual cash retainer of $150,000. In addition, Ms. Porat will receive, effective June 25, 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 Ms. Porat’s continued service on the Board.
A copy of the press release announcing the appointment of Ms. Porat 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
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: June 25, 2020
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The Blackstone Group Inc.
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By:
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/s/ John G. Finley
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Name:
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John G. Finley
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Title:
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Chief Legal Officer
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