SEC Form 4 · accession 0001383650-18-000048
Cheniere Energy Partners, L.P. · CQP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Robert Ball
Director
Period of report
Sep 7, 2018
Accepted (ET)
Sep 11, 2018 · 6:51 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001383650
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Units Representing Limited Partner InterestsF1 | Sep 7, 2018 | M | 750 | — | A | 7,875 | D | |
| Units Representing Limited Partner InterestsF2 | Sep 7, 2018 | M | 750 | — | A | 8,625 | D | |
| Units Representing Limited Partner InterestsF3 | Sep 7, 2018 | M | 750 | — | A | 9,375 | D | |
| Units Representing Limited Partner Interests | Sep 7, 2018 | D | 375 | $38.64 | D | 9,000 | D | |
| Units Representing Limited Partner InterestsF4 | Sep 7, 2018 | M | 750 | — | A | 9,750 | D | |
| Units Representing Limited Partner Interests | Sep 7, 2018 | D | 375 | $38.64 | D | 9,375 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PHANTOM UNITSF1 | — | Sep 7, 2018 | M | 750 | D | Sep 7, 2018 | Sep 7, 2018 | COMMON UNITS | 750 | 0 | D |
| PHANTOM UNITSF2 | — | Sep 7, 2018 | M | 750 | D | Sep 7, 2018 | Sep 7, 2018 | COMMON UNITS | 750 | 750 | D |
| PHANTOM UNITSF3 | — | Sep 7, 2018 | M | 750 | D | Sep 7, 2018 | Sep 7, 2018 | COMMON UNITS | 750 | 1,500 | D |
| PHANTOM UNITSF4 | — | Sep 7, 2018 | M | 750 | D | Sep 7, 2018 | Sep 7, 2018 | COMMON UNITS | 750 | 2,250 | D |
| PHANTOM UNITSF5,F6 | — | Sep 7, 2018 | A | 3,000 | A | — | — | COMMON UNITS | 3,000 | 3,000 | D |
Explanation of responses
- F1On 09/07/2014, the Reporting Person was granted 3,000 phantom units payable in common units and previously reported on a Form 4. Twenty-five percent of this grant vested on 9/7/2018, the fourth anniversary of the grant date. Each phantom unit is the economic equivalent of one common unit of the Issuer.
- F2On 09/07/2015, the Reporting Person was granted 3,000 phantom units payable in common units and previously reported on a Form 4. Twenty-five percent of this grant vested on 9/7/2018, the third anniversary of the grant date. Each phantom unit is the economic equivalent of one common unit of the Issuer.
- F3On 09/07/2016, 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 9/7/2018, the second anniversary of the grant date. Each phantom unit is the economic equivalent of one common unit of the Issuer.
- F4On 09/07/2017, 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 9/7/2018, the first anniversary of the grant date. Each phantom unit is the economic equivalent of one common unit of the Issuer.
- F5On 09/07/2018 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.
- F6The phantom units vest twenty-five percent on each of the first, second, third and fourth anniversaries of the grant date.