Equity-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2022

Summary of Status of Partnership's Unvested Equity-Based Awards

A summary of the status of Blackstone’s unvested equity-based awards as of December 31, 2022 and of changes during the period January 1, 2022 through December 31, 2022 is presented below:


	Blackstone Holdings					Blackstone Inc.
						Equity Settled Awards					Cash Settled Awards
Unvested Shares/Units	Partnership Units			Weighted- Average Grant Date Fair Value		Deferred Restricted Shares of Common Stock			Weighted- Average Grant Date Fair Value		Phantom Shares			Weighted- Average Grant Date Fair Value
Balance, December 31, 2021		17,344,328		$	37.37		26,537,813		$	58.34		73,581		$	137.65
Granted		1,172,015			33.73		12,073,302			124.80		28,130			125.93
Vested		(6,124,743	)		36.12		(6,274,790	)		61.73		(6,413	)		70.73
Forfeited		(1,361,604	)		34.73		(1,334,762	)		75.81		(46,412	)		130.22

Balance, December 31, 2022		11,029,996		$	38.02		31,001,563		$	82.94		48,886		$	85.04

Unvested Shares and Units, After Expected Forfeitures

The following unvested shares and units, after expected forfeitures, as of December 31, 2022, are expected to vest:


	Shares/Units		Weighted-Average Service Period in Years
Blackstone Holdings Partnership Units		10,751,742	1.3
Deferred Restricted Shares of Common Stock		27,341,906	3.0

Total Equity-Based Awards		38,093,648	2.5

Phantom Shares		40,471	3.0