Blackstone Holdings II L.P. - Sep 11, 2025 Form 3 Insider Report for Legence Corp. (LGN)

Role
10%+ Owner
Signature
BLACKSTONE HOLDINGS II L.P., By: /s/ Victoria Portnoy, Name: Victoria Portnoy, Title: Managing Director - Assistant Secretary
Stock symbol
LGN
Transactions as of
Sep 11, 2025
Transactions value $
$0
Form type
3
Date filed
9/11/2025, 09:27 PM
Previous filing
Jan 24, 2023

Reporting Owners (5)

Name Relationship Address Signature Signature date CIK
Blackstone Holdings II L.P. 10%+ Owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK BLACKSTONE HOLDINGS II L.P., By: /s/ Victoria Portnoy, Name: Victoria Portnoy, Title: Managing Director - Assistant Secretary 2025-09-11 0001484870
Blackstone Holdings I/II GP L.L.C. 10%+ Owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK BLACKSTONE HOLDINGS I/II GP L.L.C., By: /s/ Victoria Portnoy, Name: Victoria Portnoy, Title: Managing Director - Assistant Secretary 2025-09-11 0001464695
Blackstone Inc. 10%+ Owner 345 PARK AVENUE, NEW YORK BLACKSTONE INC., By: /s/ Victoria Portnoy, Name: Victoria Portnoy, Title: Managing Director - Assistant Secretary 2025-09-11 0001393818
Blackstone Group Management L.L.C. 10%+ Owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK BLACKSTONE GROUP MANAGEMENT L.L.C., By: /s/ Victoria Portnoy, Name: Victoria Portnoy, Title: Managing Director - Assistant Secretary 2025-09-11 0001404071
SCHWARZMAN STEPHEN A 10%+ Owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK By: /s/ Stephen A. Schwarzman, Name: Stephen A. Schwarzman 2025-09-11 0001070844

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding LGN Class A Common Stock 179K Sep 11, 2025 See Footnotes F1, F3, F5, F6, F7
holding LGN Class A Common Stock 28.8M Sep 11, 2025 See Footnotes F2, F3, F5, F6, F7
holding LGN Class B Common Stock 46.7M Sep 11, 2025 See Footnotes F1, F3, F4, F5, F6, F7

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding LGN Class B Units of Legence Holdings LLC Sep 11, 2025 Class A Common Stock 46.7M See Footnotes F1, F3, F4, F5, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported securities are directly held by Legence Parent LLC ("Legence Parent"). Legence Parent is controlled by BX Refficiency Aggregator LP ("BX Refficiency"), its managing member. BCP 8/BEP 3 Holdings Manager L.L.C. is the general partner of BX Refficiency.
F2 The reported securities are directly held by Legence Parent II LLC ("Legence Parent II"). Legence Parent II is controlled by Refficiency Aggregator II LP ("Refficiency II"), its managing member. BCP 8/BEP 3 Holdings Manager L.L.C. is the general partner of Refficiency II.
F3 Blackstone Energy Management Associates III L.P. and Blackstone Management Associates VIII L.P. are the managing members of BCP 8/BEP 3 Holdings Manager L.L.C. Blackstone EMA III L.L.C. is the general partner of Blackstone Energy Management Associates III L.P. BMA VIII L.L.C. is the general partner of Blackstone Management Associates VIII L.P. Blackstone Holdings II L.P. is the managing member of Blackstone EMA III L.L.C. and BMA VIII L.L.C. Blackstone Holdings I/II GP L.L.C. is the general partner of Blackstone Holdings II L.P. Blackstone Inc. is the sole member of Blackstone Holdings I/II GP L.L.C. The sole holder of the Series II preferred stock of Blackstone Inc. is Blackstone Group Management L.L.C. Blackstone Group Management L.L.C. is wholly owned by Blackstone's senior managing directors and controlled by its founder, Stephen A. Schwarzman.
F4 Pursuant to the terms of the Amended and Restated Limited Liability Company Agreement of Legence Holdings LLC ("Holdings") and that certain Exchange Agreement, dated as of September 11, 2025, by and among Legence Corp. (the "Issuer"), Holdings and Legence Parent, Legence Parent may exchange the Class B Units of Holdings held by it (along with surrendering a corresponding number of shares of the Issuer's Class B common stock, par value $0.01 per share) for shares of the Issuer's Class A common stock, par value $0.01 per share, on a one-for-one basis. The LGN Units do not expire. Shares of Class B Common Stock do not represent economic interests in the Issuer.
F5 Due to the limitations of the electronic filing system certain Reporting Persons are filing a separate Form 3.
F6 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.
F7 Each of the Reporting Persons (other than to the extent it directly holds securities reported herein) disclaims beneficial ownership of the securities held by the other Reporting Persons, 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 to the extent it directly holds securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.