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Cheniere Energy, Inc. — Director's Dealing 2007
Jan 13, 2007
30007_dirs_2007-01-12_3496b860-7a32-4588-a039-8d3e6b5ccf8f.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CHENIERE ENERGY INC (LNG)
CIK: 0000003570
Period of Report: 2007-01-12
Reporting Person: TURKLESON DON A (Sr. VP & CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2006-12-27 | Common Stock | G | 2000 | — | Acquired | 491750 | Direct |
| 2007-01-12 | Common Stock | A | 22523 | — | Acquired | 514273 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1075 | Indirect |
| Common Stock | 60000 | Indirect |
Footnotes
F1: The shares were issued as a restricted stock grant and therefore no consideration was given by the Reporting Person. The stock grant vests in three equal installments on January 12, 2008, 2009 and 2010.
F2: These shares were previously reported as directly beneficially owned, but were contributed to grantor retained annuity trusts which provide the return to the grantors (Mr. and Mrs. Turkleson) of an annuity representing the initial contribution plus an annual rate of return of approximately 6%. In the event there is any excess over that annuity amount, the remainder will be distributed to the trust beneficiaries upon termination of each 2-year trust.