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Cheniere Energy, Inc. — Director's Dealing 2013
Feb 20, 2013
30007_dirs_2013-02-20_58994b9e-8d27-4d47-8101-70d68319ba7b.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: 2013-02-18
Reporting Person: Abiteboul Jean (Sr. VP - International)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-02-18 | Common Stock | A | 600000 | — | Acquired | 1167095 | Direct |
Footnotes
F1: The shares were issued as a restricted stock grant and therefore no consideration was given by the Reporting Person. 400,000 shares were granted as a milestone award ("Milestone Award"), with vesting of the Milestone Award conditional on certain milestones relating to the financing and construction of Train 3 and Train 4 of the liquefaction project being developed by a majority owned subsidiary of the Issuer. The remaining 200,000 shares were granted as a stock price award ("Stock Price Award"), with vesting of the Stock Price Award conditional on the achievement of minimum average stock price hurdles of the Issuer: (i) 50% will vest if the 120-day average closing stock price of the Issuer (as reported on the NYSE MKT LLC) is $25; and (ii) 50% will vest if the 120-day average closing stock price of the Issuer is $35.