Director Richard Oliver G Iii converted options into 3,000 units of Units Representing Limited Partner Interests and returned $72,795 worth of Units Representing Limited Partner Interests to the company (1,500 units at $48.53), increasing direct ownership by 10% to 17,250 units (SEC Form 4)
$CQP
Oil/Gas Transmission
Public Utilities
| FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | |||||||||||||||||
| Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. | |||||||||||||||||
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
Cheniere Energy Partners, L.P. [ CQP ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 09/07/2024 | ||||||||||||||||||||||||||
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4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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| 1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
| Code | V | Amount | (A) or (D) | Price | ||||||
| Units Representing Limited Partner Interests | 09/07/2024 | M | 750 | A | (1) | 16,500 | D | |||
| Units Representing Limited Partner Interests | 09/07/2024 | D | 375 | D | $48.53 | 16,125 | D | |||
| Units Representing Limited Partner Interests | 09/07/2024 | M | 750 | A | (2) | 16,875 | D | |||
| Units Representing Limited Partner Interests | 09/07/2024 | D | 375 | D | $48.53 | 16,500 | D | |||
| Units Representing Limited Partner Interests | 09/07/2024 | M | 750 | A | (3) | 17,250 | D | |||
| Units Representing Limited Partner Interests | 09/07/2024 | D | 375 | D | $48.53 | 16,875 | D | |||
| Units Representing Limited Partner Interests | 09/07/2024 | M | 750 | A | (4) | 17,625 | D | |||
| Units Representing Limited Partner Interests | 09/07/2024 | D | 375 | D | $48.53 | 17,250 | D | |||
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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| 1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| PHANTOM UNITS | (1) | 09/07/2024 | M | 750 | 09/07/2024 | 09/07/2024 | COMMON UNITS | 750 | (1) | 0 | D | ||||
| PHANTOM UNITS | (2) | 09/07/2024 | M | 750 | 09/07/2024 | 09/07/2024 | COMMON UNITS | 750 | (2) | 750 | D | ||||
| PHANTOM UNITS | (3) | 09/07/2024 | M | 750 | 09/07/2024 | 09/07/2024 | COMMON UNITS | 750 | (3) | 1,500 | D | ||||
| PHANTOM UNITS | (4) | 09/07/2024 | M | 750 | 09/07/2024 | 09/07/2024 | COMMON UNITS | 750 | (4) | 2,250 | D | ||||
| PHANTOM UNITS | (5) | 09/07/2024 | A | 3,000 | (6) | (6) | COMMON UNITS | 3,000 | $0 | 3,000 | D | ||||
| Explanation of Responses: |
| 1. 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 09/07/2024, the fourth anniversary of the grant date. Each phantom unit is the economic equivalent of one common unit of the Issuer. |
| 2. 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 09/07/2024, the third anniversary of the grant date. Each phantom unit is the economic equivalent of one common unit of the Issuer. |
| 3. On 09/07/2022, 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 09/07/2024, the second anniversary of the grant date. Each phantom unit is the economic equivalent of one common unit of the Issuer. |
| 4. On 09/07/2023, 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 09/07/2024, the first anniversary of the grant date. Each phantom unit is the economic equivalent of one common unit of the Issuer. |
| 5. On 09/07/2024, 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. |
| 6. The phantom units vest twenty-five percent on each of the first, second, third and fourth anniversaries of the grant date. |
| Remarks: |
| /s/ Sean N. Markowitz under POA by Oliver G. Richard, III | 09/10/2024 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||