Sec Form 3 Filing - Blackstone Holdings I L.P. @ OppFi Inc. - 2021-08-03

Insider filing report for Changes in Beneficial Ownership
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FORM 3
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
Blackstone Holdings I L.P.
2. Issuer Name and Ticker or Trading Symbol
OppFi Inc. [ OPFI]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O BLACKSTONE INC., 345 PARK AVENUE, 28TH FLOOR
3. Date of Earliest Transaction (MM/DD/YY)
08/03/2021
(Street)
NEW YORK, NY10154
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ 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
Class A Common Stock 1,120,000 I See Footnotes ( 1 ) ( 2 ) ( 3 )
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 Securities
(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
Warrants (right to buy) $ 11.5 ( 4 ) ( 4 ) Class A Common Stock 560,000 I See Footnotes ( 1 ) ( 2 ) ( 3 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Blackstone Holdings I L.P.
C/O BLACKSTONE INC.
345 PARK AVENUE, 28TH FLOOR
NEW YORK, NY10154
X
Blackstone Aqua Master Sub-Fund, a sub-fund of Blackstone Global Master Fund ICAV
C/O BLACKSTONE INC.
345 PARK AVENUE, 28TH FLOOR
NEW YORK, NY10154
X
Blackstone Alternative Solutions L.L.C.
C/O BLACKSTONE INC.
345 PARK AVENUE, 28TH FLOOR
NEW YORK, NY10154
X
Blackstone Holdings I/II GP L.L.C.
C/O BLACKSTONE INC.
345 PARK AVENUE, 28TH FLOOR
NEW YORK, NY10154
X
Blackstone Inc
345 PARK AVENUE, 28TH FLOOR
NEW YORK, NY10154
X
Blackstone Group Management L.L.C.
C/O BLACKSTONE INC.
345 PARK AVENUE, 28TH FLOOR
NEW YORK, NY10154
X
SCHWARZMAN STEPHEN A
C/O BLACKSTONE INC.
345 PARK AVENUE, 28TH FLOOR
NEW YORK, NY10154
X
Signatures
BLACKSTONE HOLDINGS I L.P., By: Blackstone Holdings I/II GP, L.L.C., its general partner, Name: /s/ Tabea Hsi, Title: Senior Managing Director 08/13/2021
Signature of Reporting Person Date
BLACKSTONE GLOBAL MASTER FUND ICAV, ACTING SOLELY ON BEHALF OF ITS SUB-FUND, BLACKSTONE AQUA MASTER SUB-FUND, By: Blackstone Alternative Solutions L.L.C., its investment manager, Name: /s/ Peter Koffler, Title: Authorized Person 08/13/2021
Signature of Reporting Person Date
BLACKSTONE ALTERNATIVE SOLUTIONS L.L.C, Name: /s/ Peter Koffler, Title: Authorized Person 08/13/2021
Signature of Reporting Person Date
BLACKSTONE HOLDINGS I/II GP L.L.C., Name: /s/ Tabea Hsi, Title: Senior Managing Director 08/13/2021
Signature of Reporting Person Date
BLACKSTONE INC., Name: /s/ Tabea Hsi, Title: Senior Managing Director 08/13/2021
Signature of Reporting Person Date
BLACKSTONE GROUP MANAGEMENT, L.L.C., Name: /s/ Tabea Hsi, Title: Senior Managing Director 08/13/2021
Signature of Reporting Person Date
STEPHEN A. SCHWARZMAN, Name: /s/ Stephen A. Schwarzman 08/13/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Reflects securities of OppFi Inc. (the "Issuer") directly held by Blackstone Aqua Master Sub-Fund, a sub-fund of Blackstone Global Master Fund ICAV ("Aqua Fund"). Blackstone Alternative Solutions L.L.C. ("BAS") is the investment manager of the Aqua Fund. Blackstone Holdings I L.P. ("Holdings I") is the sole member of BAS. Blackstone Holdings I/II GP L.L.C. ("Holdings GP") is the general partner of Holdings I. Blackstone Inc. ("Blackstone") is the sole member of Holdings GP. Blackstone Group Management L.L.C. ("Blackstone Management") is the sole holder of Series II preferred stock of Blackstone. Blackstone Management is wholly owned by its senior managing directors and controlled by its founder, Stephen A. Schwarzman.
( 2 )Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person.
( 3 )Each of the Reporting Persons (other than the Aqua Fund to the extent it directly holds securities of the Issuer), disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, each of the Reporting Persons (other than the Aqua Fund to the extent it directly holds securities of the Issuer) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all reported securities for purposes of Section 16 or any other purpose.
( 4 )The warrants have an exercise price of $11.50 per share of Class A Common Stock, subject to adjustment, and are exercisable on the later of 12 months from the closing of the Issuer's initial public offering (which occurred on October 2, 2020) or 30 days after the completion of the Issuer's initial business combination (which occurred on July 20, 2021), and will expire five years after the completion of the Issuer's initial business combination or earlier upon redemption or liquidation.

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