Oliver G. Richard III - 07 Sep 2022 Form 4 Insider Report for Cheniere Energy Partners, L.P. (CQP)

Role
Director
Signature
/s/ Sean N. Markowitz under POA by Oliver G. Richard, III
Issuer symbol
CQP
Transactions as of
07 Sep 2022
Net transactions value
-$81,990
Form type
4
Filing time
09 Sep 2022, 17:35:54 UTC
Previous filing
05 Jul 2022
Next filing
04 Oct 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CQP Units Representing Limited Partner Interests Options Exercise +750 +5.9% 13,500 07 Sep 2022 Direct F1
transaction CQP Units Representing Limited Partner Interests Disposed to Issuer $20,498 -375 -2.8% $54.66 13,125 07 Sep 2022 Direct
transaction CQP Units Representing Limited Partner Interests Options Exercise +750 +5.7% 13,875 07 Sep 2022 Direct F2
transaction CQP Units Representing Limited Partner Interests Disposed to Issuer $20,498 -375 -2.7% $54.66 13,500 07 Sep 2022 Direct
transaction CQP Units Representing Limited Partner Interests Options Exercise +750 +5.6% 14,250 07 Sep 2022 Direct F3
transaction CQP Units Representing Limited Partner Interests Disposed to Issuer $20,498 -375 -2.6% $54.66 13,875 07 Sep 2022 Direct
transaction CQP Units Representing Limited Partner Interests Options Exercise +750 +5.4% 14,625 07 Sep 2022 Direct F4
transaction CQP Units Representing Limited Partner Interests Disposed to Issuer $20,498 -375 -2.6% $54.66 14,250 07 Sep 2022 Direct

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
transaction CQP PHANTOM UNITS Options Exercise -750 -100% 0 07 Sep 2022 COMMON UNITS 750 Direct F1
transaction CQP PHANTOM UNITS Options Exercise -750 -50% 750 07 Sep 2022 COMMON UNITS 750 Direct F2
transaction CQP PHANTOM UNITS Options Exercise -750 -33% 1,500 07 Sep 2022 COMMON UNITS 750 Direct F3
transaction CQP PHANTOM UNITS Options Exercise -750 -25% 2,250 07 Sep 2022 COMMON UNITS 750 Direct F4
transaction CQP PHANTOM UNITS Award $0 +3,000 $0.000000 3,000 07 Sep 2022 COMMON UNITS 3,000 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On 09/07/2018, the Reporting Person was granted 3,000 phantom units payable one-half in cash and one-half in common units and previously reported on a Form 4. Twenty-five percent of this grant vested on 09/07/2022, the fourth anniversary of the grant date. Each phantom unit is the economic equivalent of one common unit of the Issuer.
F2 On 09/07/2019, the Reporting Person was granted 3,000 phantom units payable one-half in cash and one-half in common units and previously reported on a Form 4. Twenty-five percent of this grant vested on 09/07/2022, the third anniversary of the grant date. Each phantom unit is the economic equivalent of one common unit of the Issuer.
F3 On 09/07/2020, the Reporting Person was granted 3,000 phantom units payable one-half in cash and one-half in common units and previously reported on a Form 4. Twenty-five percent of this grant vested on 09/07/2022, the second anniversary of the grant date. Each phantom unit is the economic equivalent of one common unit of the Issuer.
F4 On 09/07/2021, the Reporting Person was granted 3,000 phantom units payable one-half in cash and one-half in common units and previously reported on a Form 4. Twenty-five percent of this grant vested on 09/07/2022, the first anniversary of the grant date. Each phantom unit is the economic equivalent of one common unit of the Issuer.
F5 On 09/07/2022, the Reporting Person was granted 3,000 phantom units payable one-half in cash and one-half in common units. Each phantom unit is the economic equivalent of one common unit of the Issuer.
F6 The phantom units vest twenty-five percent on each of the first, second, third and fourth anniversaries of the grant date.

Remarks:

On September 9, 2021, the Form 4 filed by the Reporting Person inadvertently reported that the Reporting Person beneficially owned 11,250 common units of the Issuer. In fact, the Reporting Person owned 12,750 common units of the Issuer.