Cheniere Energy, Inc. — Director's Dealing 2005

Mar 17, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHENIERE ENERGY INC (LNG)
CIK: 0000003570
Period of Report: 2005-03-14

Reporting Person: GROSS JONATHAN S (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-03-14	Common Stock	M	8334	$1.25	Acquired	161587	Direct
2005-03-15	Common Stock	S	1800	$72.95	Disposed	159787	Direct
2005-03-15	Common Stock	S	200	$72.94	Disposed	159587	Direct
2005-03-15	Common Stock	S	234	$72.61	Disposed	159353	Direct
2005-03-15	Common Stock	S	300	$72.5	Disposed	159053	Direct
2005-03-15	Common Stock	S	200	$72.17	Disposed	158853	Direct
2005-03-15	Common Stock	S	7600	$72	Disposed	151253	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-03-14	Stock Option (right to buy)	$1.25	M	8334	Disposed	2007-12-19	Common Stock (8334)	Direct
2005-03-14	Stock Option (right to buy)	$72.5	A	100000	Acquired	2015-03-14	Common Stock (100000)	Direct

Footnotes

F1: 8,333 shares were exersisable on December 19, 2003, 8,334 shares were exercisable on December 19, 2004 and 8,333 shares are exercisable on December 19, 2005.

F2: 33,334 shares are exercisable on March 14, 2009 and 33,333 shares are exercisable on each of March 14, 2010 and March 14, 2011.