Cheniere Energy, Inc. — Director's Dealing 2011

Jul 20, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHENIERE ENERGY INC (LNG)
CIK: 0000003570
Period of Report: 2011-07-18

Reporting Person: GSO CAPITAL PARTNERS LP (10% Owner)
Reporting Person: GSO COF Facility LLC (10% Owner)
Reporting Person: Goodman Bennett J (10% Owner)
Reporting Person: Smith J Albert III (10% Owner)
Reporting Person: Ostrover Douglas I (10% Owner)
Reporting Person: GSO Advisor Holdings L.L.C. (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-07-18	Common Stock	S	127845	$9.67	Disposed	2588274	Indirect
2011-07-19	Common Stock	S	338434	$9.63	Disposed	2249840	Indirect
2011-07-18	Common Stock	S	111922	$9.67	Disposed	2265903	Indirect
2011-07-19	Common Stock	S	296281	$9.63	Disposed	1969622	Indirect
2011-07-18	Common Stock	S	207206	$9.67	Disposed	4194968	Indirect
2011-07-19	Common Stock	S	548519	$9.63	Disposed	3646449	Indirect
2011-07-18	Common Stock	S	5427	$9.67	Disposed	111245	Indirect
2011-07-19	Common Stock	S	14366	$9.63	Disposed	96879	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	134889	Indirect

Footnotes

F1: GSO Special Situations Funds LP, GSO Special Situations Overseas Master Fund, Ltd., GSO COF Facility LLC and Blackstone Distressed Securities Fund L.P. (collectively, the "GSO Funds") respectively hold 2,249,840, 1,969,622, 3,646,449, and 96,879 shares of Common Stock, par value $0.003 per share, of the Issuer. GSO Capital Partners LP directly holds 134,889 shares of Common Stock.

F2: GSO Capital Partners LP is the investment manager or collateral manager of each of the GSO Funds (other than Blackstone Distressed Securities Fund L.P.), and in that respect holds discretionary investment authority for each of them, and, accordingly, may be deemed to be the beneficial owner of the shares held by the GSO Funds (other than Blackstone Distressed Securities Fund L.P.). GSO Advisor Holdings L.L.C. is the general partner of GSO Capital Partners LP, and, accordingly, may also be deemed to be the beneficial owner of the shares held by the GSO Funds (other than Blackstone Distressed Securities Fund L.P.). Blackstone Distressed Securities Advisors L.P. is the investment manager of Blackstone Distressed Securities Fund L.P., and in that respect holds discretionary investment authority for, and, accordingly, may be deemed to be the beneficial owner of the shares held by Blackstone Distressed Securities Fund L.P. (Continued in Footnote 3)

F3: Blackstone DD Advisors L.L.C. is the general partner of Blackstone Distressed Securities Advisors L.P., and, accordingly, may also be deemed to be the beneficial owner of the shares held by Blackstone Distressed Securities Fund L.P.

F4: Blackstone Holdings I L.P. is the sole member of each of GSO Advisor Holdings L.L.C. and Blackstone DD Advisors L.L.C., and, accordingly, may also be deemed to be the beneficial owner of the shares held by the GSO Funds. Blackstone Holdings I/II GP Inc. is the general partner of Blackstone Holdings I L.P., and, accordingly, may also be deemed to be the beneficial owner of the shares held by the GSO Funds. The Blackstone Group L.P. is the controlling shareholder of Blackstone Holdings I/II GP Inc., and, accordingly, may also be deemed to be the beneficial owner of the shares held by the GSO Funds. Blackstone Group Management L.L.C. is the general partner of The Blackstone Group L.P., and, accordingly, may also be deemed to be the beneficial owner of the shares held by the GSO Funds. (Continued in Footnote 5)

F5: Stephen A. Schwarzman is the founding member of Blackstone Group Management L.L.C., and, accordingly, may also be deemed to be the beneficial owner of the shares held by the GSO Funds. In addition, each of Bennett J. Goodman, J. Albert Smith III and Douglas I. Ostrover may have shared investment control with respect to the shares held by the GSO Funds (other than Blackstone Distressed Securities Fund L.P.), and, accordingly, may also be deemed to be the beneficial owner of the shares held by the GSO Funds (other than Blackstone Distressed Securities Fund L.P.).

F6: Due to the limitations of the electronic filing system, Blackstone Holdings I L.P., Blackstone Holdings I/II GP Inc., The Blackstone Group L.P., Blackstone Group Management L.L.C. and Stephen A. Schwarzman are filing a separate Form 4.

F7: Information with respect to each of the Reporting Persons is given solely by such Reporting Persons, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person.

F8: Each of the Reporting Persons, other than the GSO Funds and GSO Capital Partners LP, disclaims beneficial ownership of the shares held by each of the GSO Funds and GSO Capital Partners LP, 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 GSO Funds and GSO Capital Partners LP, states that the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.